Thanks @strauss
I've just been reading the report - the Cap Ex was lower than peers due to the option of leasing the mining equipment (one advantage of the location being in an established mining area).
Summary of other costs (2012)
Mining costs $3.20 pt
Processing costs $13.83 pt
General, Wage & Admin costs $5.02 pt
Transport local $9.72 pt
Transport to US market $67.42 pt
Lithium Price 2012 $525 pt
Resource size 2012 7.77mt
Costs no doubt have risen, however the huge rise in the Lithium price plus the increase in defined resource from 7.77mt in 2012 to 13mt in 2016 should show a significant increase in NPV which should increase again as the new pegmatites are explored and added to the JORC.
The more I read, the more I like.
todays chart, page-44
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