1MC 3.33% 2.9¢ morella corporation limited

Rising like a balloon, page-44

  1. 1,122 Posts.
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    Feel free to correct me with more thorough calcs....

    But 17MT additional Li ore in the same pit or about 2MT of 6% concentrate if you assume it is 1% ore and 75% recovery --> Adds another 637M profit over LOM assuming $600/tonne sale price and $300/tonne cost of production. I would expect cost of production to drop more down towards PLS $205/tonne with the extra ore in the pit too.
 
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