I actually got excited when I seen you had quoted my post, thinking, finally you are going to engage and debate.
Short lived, you are really showing your ignorance (or feigned ignorance?) including the childish barb picture/losing shirt and will down ramp LLL with incorrect statements, lies, misinformation because you haven't taken the time to read announcements, and trying to down play the magnitude of the emerging Lithium industry in Mali with you BS quoting 95% of Mali's economy is based on gold?
I get it, you have a strong bias against investing in African countries and/or Gareth and/or Red Baron and/or WoodySpoon and/or the current LLL management.
The photo (taken from the Company presentation at Euroz Hartleys Institutional Conference March 2023) and subsequent slides included information that LLL has secured a 10 year agreement for a minimum of 250,000 tpa concentrate storage and export at Abidjan, Côte d'lvoire.
https://announcements.asx.com.au/asxpdf/20221115/pdf/45hlg0kl1vnmyg.pdfThe Company has entered into commercial negotiations with the Port of San Pedro as the second port. Senior management also drove the entire route in late March, confirming the higher than expected standard of the roads and suitability for transporting bulk material.
https://announcements.asx.com.au/asxpdf/20230405/pdf/45ndg033wbdycq.pdf
Further to this was the efficient border crossing at Niougoni, coupled with an assessment of 50 tonne payload trucks (versus 38 tonne) will reduce absolute truck numbers required adding the potential of cost reduction from the numbers quoted in the DFS.
Transport costs in the DFS and the updated DFS contributes US$99/t, the the increase in payload by 32%, less trucks, better roads will/should see a cost reduction!
Both the ports have options for back loads that are currently being assessed, discussed.
Company was also please with the substantial interest from haulage companies.
Travel distances:
Abidjan = 1,000 kls
San Pedro = 950 kls
The route to San Pedro can also be used for 80% of the journey to Abidjan and then diverting onto A2 for the remainder.
A third option will be assessed to port of Dakar
Just for your information: If they indeed do use trailers with 4 axles = total wheel combination of 26 wheels, otherwise it will be either 22 or 18 wheels.
The transport costs in the DFS for LTR gate to Geraldton port (700 kls) were $69 wmt
Throw the question back at you, how many (18, 22, 26 B-double, road trains) will be needed?
~ with acute labour shortages in WA will LTR get the amount of trucks, drivers needed?; with shortages comes cost increases
~ the labour costs alone have increased 30% since LTR's PFS, with the amount of mining activity in WA will there be enough trucks?
Finally, DSO banned?
I missed the announcement that advised the market it was banned, I did read announcements stating the the Government directed the company to
cease DSO activities whilst discussion with the Ministry are pending.
++ The Company had also advised that DSO does not affect any aspect of the project, mining continues (pre-existing plan) and ore is being stockpiled ahead of first spodumene production in Q2, 2024 which remains on schedule.
https://announcements.asx.com.au/asxpdf/20230904/pdf/05th0x499tnqd6.pdfcheers
as you like being childish, it is wakey wakey NOT wakie wakie
(20min delay)