PSC 6.25% 8.5¢ prospect resources limited

Ann: Acquisition of 100% of the Omaruru Lithium Project, page-19

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  1. 1,034 Posts.
    lightbulb Created with Sketch. 544
    Based on latest Chinese spot prices. If PSC and LPD did form a JV for concentrator plant in Namibia they would be receiving around $US 600/t CIF from Chinese convertors. That would net about $9mil per shipment after royalties, opex, freight, etc. of 30kt load. Extrapolating, 3 -4% lepidolite concentrate is fetching around 35% premium to spod.
    https://hotcopper.com.au/data/attachments/6091/6091978-78d85dfc9d6d50d7c6d3ab6cb5f405fb.jpg
 
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