LLL 0.00% 50.5¢ leo lithium limited

Ann: Goulamina on Schedule Post Discussions with Mali Government, page-702

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  1. 4,146 Posts.
    lightbulb Created with Sketch. 7009
    I'm not sure if DSO is feasible at current prices.
    From the table below we might get $290/t interpolating to 1.6%
    I presume this is a FOB cost, our trucking & port costs are $100/t from the DFS (excludes shipping)

    That leaves $190/t for mining, crushing to 6mm, royalty etc etc
    Simon's first estimate at production cost was US$50 lower than the DFS cost so $262/t (C1 DFS $312/t)
    Then a month later (Dec'22) said US$260-300 FOB Abidjan
    Then at the AGM said "will come out with a better price estimate than the conservative 300-350/t"

    So no matter which figure you use, there is going to be very little profit if any at current prices.
    So IMO DSO is mostly a non issue - don't tell the Mali Govt that though.
    Of course we do want to test & commission the logistics.



    https://hotcopper.com.au/data/attachments/5573/5573334-d52385eaecbe562c170a699faabff122.jpg
 
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