yes but processing 1 tonne of sc5.5-6 is ~$1100 in the Pilbara which is worth ~$6-7k spot.
processing 1oz of gold is ~$1100 and is worth ~$3k per oz spot.
capex & opex about the sameso I think things happen faster in the white gold space in the short term. The price of Li will come down a lot in 10yrs whereas the price of gold will grow.
very much a napkin assessment for illustration purposes.
Ann: Major extensions to Eagle and Diucon, page-41
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