Notepad figures are giving me a US$2.49B in profit potential from this 207kt resource. This is at a US$4.5k/t cost base and a sell price of US$16.5k/t
IF they dropped the drills down to 202m and we maintained the same weighted average then I get figures back around US$4.9B in profit potential
Add in more land which we know they are eyeing up bumps these figures up again. Add in recharge rates from the fractured halite and this bumps these figures up more.
Basically, We have more than enough resource for our project.
Upcoming Announcements (no particular order);
Stage 1 Process Plant Production Results
Shallow Halite Drill Results
3 x at depth Diamond Drill Results
Resource Expansion (likely)
Pre Economic Assessment
Stage 2.2 Pond Construction Updates and Completion
Stage 1 Offtake
Stage 3 Funding
More land
GL AGY'ers
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- Ann: Rincon Lithium Project - Maiden JORC Mineral Resource
Ann: Rincon Lithium Project - Maiden JORC Mineral Resource, page-188
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Last
3.7¢ |
Change
0.001(2.78%) |
Mkt cap ! $53.86M |
Open | High | Low | Value | Volume |
3.6¢ | 3.7¢ | 3.6¢ | $83.96K | 2.279M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 13371 | 3.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.8¢ | 1738141 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
14 | 1237028 | 0.036 |
25 | 2953989 | 0.035 |
12 | 1886596 | 0.034 |
10 | 1572268 | 0.033 |
5 | 1715000 | 0.032 |
Price($) | Vol. | No. |
---|---|---|
0.038 | 1738141 | 6 |
0.039 | 1512481 | 8 |
0.040 | 445175 | 2 |
0.041 | 510322 | 5 |
0.042 | 306466 | 5 |
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