PAM 11.1% 8.0¢ pan asia metals limited

PAM Thread - What is the future for PAM? Is PAM the next VUL?, page-1009

  1. 580 Posts.
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    From Stock head.

    https://hotcopper.com.au/data/attachments/4395/4395308-c4fa4a003e728a34ecf92b57f15e972f.jpg

    Seems to be questionable statements on both GS and Cannacord.

    • Lower grade - true
    • Difficult to process - not true - a simpler process and China has 6 lepidolite mines already, LPD has proven tech that places it on the bottom of the cost curve
    • More expensive to process - not true. processing does not have the expensive roasting step that spodumene has. Cost depends on valuable by-products in the lepidolite on where it falls on the cost curve

    More lithium supply is needed and China adding in new lepidolite mines is unlikely to crash the lithium market as the world transition to electric
    Last edited by b7667: 01/06/22
 
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