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Ann: Arcadia DFS confirms leading Lithium Project, page-14

  1. 4,113 Posts.
    lightbulb Created with Sketch. 117
    Not happy about cost. Really dont understand why it is costing more 3times more, for just double the production. Maths doesnt add up

    But, if you break down the numbers 2.9mill LOM revenue, for 12 years.

    revenue per year is 241million.

    The 10mill upfront payment for a ball mill is just 15 days of of revenue.

    Maybe, Hugh needed a DFS to convince others to povide us with with a big offtake handout.
 
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