"Next calendar year 2018 with grade at 6% this should increase to over $30m for the calendar yr I think, and if so the share price should be around 60ct on lithium alone, unless I'm completely wrong of course, which I probably I'm. "
The flotation circuit upgrade is due for completion in Q1 18, so calendar 2018 will have 3 quarters at full 6% with still a mix of 4 and 6...
But I don't think it will be a 50/50 split. It might be more like 25/75 for example as the flotation circuit gets commissioned.
Ann: Mount Marion Lithium Project - Financial Update, page-50
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