Statement included in the RNS from BCN today:
'The pricing environment for lithium carbonate has continued to strengthen with Seeking Alpha indicating April 2017 lithium carbonate contract prices in the order of US$14-15,500/t'
Note, in their PFS, EMH only allowed for 10,000/t so there should be a 50% uplift in the lithium price compared to the PFS - and we can all see where the lithium price is heading:
Page 19 figure 11 (sensitivity graph) of the PFS shows that only a 25% increase to the lithium price used in the PFS will double the NPV!
PFS below:
Http://www.europeanmet.com/wp-content/uploads/bsk-pdf-manager/2017/05/2017019_-_EMH_Completion_of_PFS-2.pdf
Lithium Carbonate cost
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