These numbers look good to me. You would think the project economics will only increase come the DFS where part of the potential additional 50MT increase in resource size would be included. Add tantalum to that.
A$564/t is equal to about US$380/t. In GXY’s latest qtrly they stated costs of US$387/t, and GXY is one of the lowest cost lithium concentrate operations globally. So in that sense US$380/t ain’t too bad at all.
if forecasts are correct, entry at 2024 looks to be an optimal entry time. I don’t think LTR will get that far though, I am confident a large, high quality resource like this will be bought out well before then.
PFS paves the way for offtake/partnership agreements, perhaps even takeover offer.
IMO
GLTAH
Ann: PFS confirms potential for robust new long-life lithium mine, page-9
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