SYA 6.25% 3.4¢ sayona mining limited

Ann: Positive Pre-Feasibility Study Enhances NAL Value, page-424

  1. 105 Posts.
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    Make me understand the difference apart from ~1 year gap in production between the two producers and slight differences in the spot price and lower OPEX for CXO:

    In 2021, CXO released a Definitive Feasibility Study and a Scoping Study on Finniss. Both suggested Core could produce an average
    of 173,000tpa of lithium concentrate (5.8% Li2O) at a C1 Opex of US$364/t and AU$89 million Capex through DMS (gravity) processing.
    The initial Finniss mine life is set at 10 years (includes a possible extension to the mine of +2yrs).
    Pre-tax IRR 53% - 56%
    Payback 2 years
    Pre-tax NPV A$221m - A$259m
    based on a mkt price of US$850/t


    VERSUS


    SAYONA PFS
    Average of 163,266tpa lithium concentrate (6% Li2O) at US$590/t and AU$102 m CAPEX
    Mine life set at 27 years
    Pre-tax IRR 140%
    Payback 2 years
    Pre-tax NPV US$724m
    based on a mkt price of US$1,242/t

 
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