No. The existing plans have ore being mined at 1-1.1mt pa. The 7-8yr mine life is basically 7.4MT / 1 MT pa and a lower start and finish year.
My understanding of the early years math is:
- 1.1mt ore mined each year (pg 16/63 of one of the 26Jun doc's)
- 71.7% recovery on concentration = 789k of ore.
- Concentrate the ore (5.8%/1.4% = 4.14x). Recovery losses factored in above.
- 789k / 4.14 = 190.6 kpa of 5.8% spod.
You have a circa 13 year mine from 14.7MT resource with the lithium percentage's CXO's has.
- Forums
- ASX - By Stock
- CXO
- Banter and general comments
Banter and general comments, page-4544
-
-
- There are more pages in this discussion • 34,539 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
DVP
Commodity house Trafigura funds Develop Global's copper-zinc Woodlawn play with offtake deal in place
BOE
Uranium prices on the NYMEX are stable, but ASX uranium stocks are sinking on Friday. The answer lies in Kazakhstan
Add CXO (ASX) to my watchlist
(20min delay)
|
|||||
Last
9.4¢ |
Change
0.003(3.30%) |
Mkt cap ! $200.8M |
Open | High | Low | Value | Volume |
9.0¢ | 9.4¢ | 9.0¢ | $504.2K | 5.548M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 141024 | 9.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
9.4¢ | 522940 | 12 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 186749 | 0.093 |
7 | 312653 | 0.092 |
7 | 377007 | 0.091 |
11 | 1297050 | 0.090 |
12 | 1110877 | 0.089 |
Price($) | Vol. | No. |
---|---|---|
0.094 | 490045 | 10 |
0.095 | 685902 | 10 |
0.096 | 768600 | 4 |
0.097 | 405081 | 4 |
0.098 | 425929 | 6 |
Last trade - 10.54am 06/08/2024 (20 minute delay) ? |
Featured News
NEWS
Is oil undervalued?
CXO (ASX) Chart |