GXY
Click for more information
0.00% $5.28 galaxy resources limited

Cattlin 2.5 years mine-life, page-51

  1. Dancing
    4,813 Posts.
    lightbulb Created with Sketch. 483
    clock Created with Sketch.
    19/05/17
    17:10
    Post #: 24802002
    Re-reading their presentation again, it looks like the Li in the ore is 1%, but the Li in the spod, which is 10% of the ore weight, is 5.6% Li.

    So as an example, 1 part Li to 99 parts dirt (ore), becomes 1 part Li to 19 parts dirt (stop/concentrate).

    So mine life 7.5 years at 200kt production p.a.
    Last edited by Dancing: 19/05/17
    GXY Price at posting: 43.5¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

NEWS ASX:TLG - Supreme Court dismisses mine environmental appeals
right-arrow Created with Sketch.
NEWS Bitcoin hits fresh record as instos pile into BTC ETFs – and Trump helps, too
right-arrow Created with Sketch.
NEWS ASX:MIN - $1.1 billion gas deal reached with Hancock
right-arrow Created with Sketch.
NEWS MinRes chief Ellison's tax concerns have hurt shares – but are markets overreacting?
right-arrow Created with Sketch.
watchlist Created with Sketch. Add GXY (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.