CXO 11.4% 9.8¢ core lithium ltd

Ann: $91 Million Raised through Successful Placement, page-159

  1. 8,751 Posts.
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    I am using a SC6 price of US$1000 per t.

    The 193,500t is the amount of Li2O contained in the ore, it is NOT the amount of spodumene concentrate with 6% Li2O content (SC6).

    1.32% is a percentage, as is 6% for the SC6.


    I will expand the calculation for you:

    14.72Mt * ((1.32/100) / (6/100)) = 3.2Mt.

    3.2Mt at US$1000 per t = US$3.2b.
 
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