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definitive feasability study., page-30

  1. butcherboy
    20,048 Posts.
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    01/04/11
    13:09
    Post #: 8198604
    They are right PT, but remember the DFS is still not released. While I don't believe there will be one, there can always be a show-stopper. Also, lithium prices dropped to $4500 per tonne in 2010, so most producers will be marginally profitable. High cost sources such as spodumene will probably make no profit. Plus there are larger potash resources around. BHP is obviously interested in potash but I'm not sure about lithium.

    With the DFS (albeit delayed) only a "few weeks" away, why would there be any sellers at these prices?
    ORE Price at posting: $2.77 Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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