Hi all, just some ponderings, I am thinking sometimes we can have spreadsheets and multipage reports which come up with the same figure scratched quickly on the back of a coaster.
Now that we know the LOH-Max technology can produce battery grade Hydroxide.
There have been guestimates of the capital cost of a phase 1 plant being circa $100m, it may look cheap to some but the the plant does not have any major exotic equipment, mostly off the shelf major components apparently? Feasibility Study will confirm.
phase-1 plant 5500 tpa
Hydroxide price 10,000 $/t (conservative???)
income $55m pa less costs of ????? (costs were once quoted as being zero after byproducts by LPD)
For a $100m capital investment.
we apparently have 4 years of feed sitting already mined and sitting in stockpiles at Namibia, and hopefully a resource upgrade will give us a 30 year plus mine life.
Current market cap of the company is $75m
I am looking forward to the funding/offtake agreements.
gltah
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