The following was taken from our DFS which is completed and sitting in the shop window. The DFS are compiled by experts in the field, who have credibility and can stand over their work. This is done so investors or JV partners can have confidence that what they are investing in is not just assumptions /guesswork by the company but actual hard verifiable data back up by facts and figures. See below taken from our DFS, link provided below.
Definitive Feasibility Study confirms Goulamina is among world’s highest quality lithium assets
and will deliver a long life, large scale, low cost open pit project.
• Goulamina confirmed as one of the world’s best hard rock lithium assets for scale and cost of
production when compared to current operations and prospective projects
• The project delivers outstanding returns with a pre-tax NPV of A$1.7 billion
• A key advantage is the quality of the 6% Li2O spodumene concentrate (SC6) product, being high
in grade and low in impurities
• Goulamina is simple and robust with high grades and low strip ratios enhancing profitability
• Lithium supply shortage predicted from 2022 with a sharp increase in demand forecast in 2025
https://www.investi.com.au/api/announcements/ffx/33e7f0b2-b79.pdf
Hold them tight people.................very interesting times ahead........................OH it appears one of are 'chicken littles' has turned into a giant annoying parrot , who just repeats they say old crap over and over again,
All imo and DYOR
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