For those wanting an approx price of beneficiated ore.
JW stated at AGM that load out costs FOB were US$70/t based on Desert Lions past logistics experience factored for todays costs. Yesterdays 1.5% Li2O Chinese spot Lepidolite was US307/t.
Conservatively selling @ $270/t then return I’m figuring around $5mil a load after taxes and royalties. This would take out about 60kt of the higher grades and the remaining 110kt of lower grade would probably net $100/t.
Ann: Appendices 3Y x4, page-27
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