LTR 3.76% 96.5¢ liontown resources limited

ASX Today, page-37547

  1. 44 Posts.
    lightbulb Created with Sketch. 33

    Hi Marg - love your work and enthusiasim...
    Current stockpile is unimportant...

    Over the life of mine - Assuming your numbers - and an ore grade of 1.4% Li - conversion of ore to 6% spod is ...
    156,000,000 times 1.4% divided by 6 = 13,104,000 tonnes 6% spodumene...
    So 156,000.000 million tonnes @ $850 converts to $11,138,400,000.

    It's not unreasonable to assume that over the life of mine 6% spod will average at least $5,000.
    On that assumption the value of the deposit over its life will exceed $65.25 billion.
 
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