Curious, people are using numbers based around a DFS that is not for the current site that ASN is progressing. Therefore, any metric used cannot be relied upon as anywhere near accurate.
Different location, different technology supplier, different governmental environment to 3 years ago.
Even the Lithium Spot Price cannot be used as an accurate metric. Sure, it shows the general sector 'momentum', but do contract prices between supplier and purchaser reflect that accurately? ASN is aiming for 'industry leading' product, and until we know what purity they can produce, it's another unknown.
Even using OPEX numbers. It would depend on whether aspects such as 're-injection fee' are valid or not, as this would also depend on 'where' the re-injection would occur (private vs public/government land). And given that this is a moderate size chunk of the OPEX that we know of, until we know solid numbers, its all 'pie in the sky'.
(20min delay)