- Every 75 million tonnes of potential spodumene resource is ~A$600-900m of exploration value.
- Every 75mt of resource that has a clear pathway to production increases to A$1,150m-A$2.3b of speculative development value.In production, at current prices,
- Every 75mt mining inventory is ~A$9b on spot prices
(Euroz research 6/11/23)
I think we are now mostly in agreement that Tabba Tabba should host well over 100 Mt, open cut from surface, metallurgy looks good, on a granted mining licence, close to large port
LT
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