Ann: LKE Bell Potter Unearthed Conference 070223, page-256

“25ktpa, 76% total efficiency, 220mg/L, it comes to 28GL of brine pa”

Thanks @sqe,

Redoing the calculations assuming 28GL brine for 25kt LCE per annum.

To produce the Demo Plant 5t then would need to process 28GL/(25000/5) = 5.6ML

5.6ML for 5t LCE per annum for the Demo Plant

Using this recent addition on The Engine Ventures website about Lilac.

https://engine.xyz/ventures/companies/lilac-solutions

10,0000 L/hr Commercial DLE Module

1,000 L/hr ?Demo? DLE Module

So running those rates through LKE’s information.

DEMONSTRATION PLANT

Assume there were 2 modules in the Demo Plant.

2 x Demo DLE Modules = 2 x 1000 = 2000 L/hr

Need to process 5.6ML to create eluate containing 5t LCE.

5.6ML / 2000L/HR = 2800 HR = (117 days or 3.9 months)

3.9 months is also in the ball park.

COMMERCIAL SCALED PLANT

For the Phase 1 Commercial Plant 25kt LCE.

28GL/ 10,000 L/Hr = 2,8000,000 Hrs ( 116,667 days)

Need 116,667/365 = 320 Commercial DLE Modules to process 28GL to create eluate containing 25kt LCE in a year.

So should expect 320/2 = 160 Commercial DLE Modules for Train 1.

Now if the above is a fairer representation of the situation then I continue to ponder:

• How far away are they from proving those “Commercial units on the horizon”.

• How valid would it be to use the planned and yet to be proven 10,000 L/Hr Commercial DLE units as the basis of the design for the Bankable DFS?

• If they don’t use the 10,000 L/Hr Commercial DLE units and instead use the supposedly “proven” 1,000 L/Hr Demo DLE units in the DFS, then may need 3200 (10 x 320) of those to produce eluate containing 25kt of LCE pa.

Will the Bankable DFS provide the detail needed to understand?

DYOR