Not true, dugsab.
I assumed all those costs as well.
50 ktpa * $75k = $3.75 billion per year revenue.
That would be $937.5 million for 3 months and $1,250 million for 4 months.
Kachi Capex for 50ktpa should be around $900 million - $1 billion, 70% of which is planned to be financed by debt. That should be $630 - $700 million debt.
Opex was around $4k in the Kachi PFS.
With double production and hybrid solar energy that should decrease, but let's be conservative and use an estimate of $4k. That's $50 - $66.7 million for 3-4 months.
3% Royalty tax + 5% export tax, that's $75 - $100 million for 3-4 months.
That would leave $112.5 -$182.5 million for all other taxes (corporate tax e.g.), after paying back all debt in 3 months.
Also, that would leave $383.4 -$453.4 million for all other taxes (corporate tax e.g.), after paying back all debt in 4 months.
I'm not even sure whether corporate tax would be due after 3-4 months. Usually corporate tax is calculated for the fiscal year and payed after 1 fiscal year.
Anyway, my message is that about 3-4 months should be enough to pay back all debt, after taxes and Opex.
The point is that it's that order of magnitude if JL's base case forecast for lithium prices would become a reality.
And I know that there would be a ramp up period, so that's at the full production capacity.
All imho, dyor, etc, etc.
Expand
