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3.33%

14.5¢ latin resources limited

Ann: Robust Results for Colina Lithium Project PEA, page-279

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54 Posts.

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29/09/23

06:17

Post #: 70086731
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Originally posted by dazzler: ↑

the Latin interview video and the money miners video provide interesting context as follows

- lithium price if $1699 long term seems about right certainly less than ALB are using to value LTR

- Nice conservative numbers in the discount rate of 8% and also in assuming all product will ship to China

- Strip ratio expected to come down as it assumes no pockets of minerals in areas they are still drilling they don't expect that to be the case which will improve strip margin ratio

- the ramp up plan is also a bit fictitious based on how the ASX restricts ratio of Jorc to inferred resource as they continue to drill it out they expect to get to full production earlier

- very sure DFS will look substantial difference should have early income plans via offset, reduced stripy ratio via drilling more release of mining plan as they firm up resource increasing what can go into the DFS

As money miners conclude the costs could blow out but with a 7 months pay back even as it is they are going to make a shit load of money

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-One very important point to note is strip ratio directly controls the COST FIGURES.
As the strip ratio comes down, the cost would come down improving the whole project and NPV.

LRS Price at posting: 23.0¢ Sentiment: Buy Disclosure: Held
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0 Great analysis

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Last 14.5¢		Change -0.005(3.33%)		Mkt cap ! $405.9M

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Price($)	Vol.	No.
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