Australia's largest stock trading and investment forum Australia's #1 stock forum

KDR

Click for more information

0.00%

$1.90 kidman resources limited

Ann: Earl Grey Maiden Resource, page-190

First 190 Last

Share
Profile

Follow
Shagdog

1,397 Posts.

08/12/16

16:08

Post #: 21204638
Share

Originally posted by eshmun ↑

Well the resource is measured in terms of Li2o and it is impossible to determine how much spodumene will be recovered until the metallurgy has been done. I created my model based on what the company has provided in their resource estimate. They assume a metallurgical recovery of 70% which presumably accounts for the Li2o in other mineral forms and any spodumene lost to the tailings.

I've only based my model on what is know and the assumptions given by the company. Effectively the concentrate that you sell contains spodumene but when you assay it all you measure is Li2o so once the concentrate has been made you are effectively describing the same thing. A 6% Li2O concentrate is understood to contain the same amount of spodumene as a 6% spodumene concentrate but when talking about the input costs you have to be careful to differentiate what you are talking about. Esh

Expand

Sad to c ya go mate missed a little arvo run 2 we were neck n neck with gxy as to who will close higher 'twas pretty to watch wish IDE put a it more here yesterday instead of playing with gpp cost me a papery 3k damn

KDR Price at posting: 51.5¢ Sentiment: Buy Disclosure: Held
1 Upvote

0 Great analysis

Reply

Top Stories

3DA

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

PR1

Nanocap Pure Resources acquires Reedy Creek garnet project, WA

PRS

Prospech finds dynamite heavy REE grades from historic core in Finland

Trump is President Again: What Does This Mean for Crypto?

MKT

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

There are more pages in this discussion • 113 more messages in this thread...

First 190 Last

Add KDR (ASX) to my watchlist

SPONSORED BY