Excellent update, this is why I said I am more interested in Alvarroes drilling than Youanmi.
Depending on how well this resource converts to reserves (75%? 90%? Hard to say with the halo around the pegmatite) and what grade concentration of feed is settled on in the FS, I anticipate seeing a mine life of between 15 and 23 years.
That's up from about 7 years for the original resource estimate.
P1 looks completely supplied for years to come (assuming this converts well to reserves, which I imagine it should given how shallow it is).
Big tick in terms of derisking P1, and opening up a feed source that might help underpin P2, if Separation Rapids ever gets off the ground and supplies P1 instead.
Be interesting to see what the market does tomorrow.
- Forums
- ASX - By Stock
- LPD
- Ann: 210% increase in contained lithium at Alvarroes
Ann: 210% increase in contained lithium at Alvarroes, page-57
-
- There are more pages in this discussion • 35 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add LPD (ASX) to my watchlist
|
|||||
Last
0.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $17.17M |
Open | High | Low | Value | Volume |
0.2¢ | 0.2¢ | 0.2¢ | $14.76K | 8.057M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
152 | 296663211 | 0.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.2¢ | 14136636 | 19 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
151 | 296163211 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.002 | 14136636 | 19 |
0.003 | 55204907 | 55 |
0.004 | 34233666 | 35 |
0.005 | 13830858 | 12 |
0.006 | 7301726 | 11 |
Last trade - 16.10pm 19/08/2024 (20 minute delay) ? |
Featured News
LPD (ASX) Chart |