AS2 0.00% 3.2¢ askari metals limited

Ann: Askari Appoints Leading Investment Bank as Advisor, page-20

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  1. 1,914 Posts.
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    something along those lines (JV/partnership) is what i'm thinking! ATM's project's NPV was estimated at US$2bn with an internal rate of return of 75% & capex estimated at US$440mln; as i'm confident we also have the goods, we'll strategically get into bed with them soon:

    "An earlier preliminary economic assessment put the net present value of the project at US$2bn and an internal rate of return of 75%. Those figures are based around plans to process 10mln tonnes of ore per year over 14 year mine life, to produce a total of just under 275,000 tonnes of tin, 17,300 tonnes of tantalum, and 1.1mln tonnes of lithium dioxide.

    Under this scenario, lithium would account for just over 60% of revenues, with annual EBITDA expected to run at over US$600mln, and margins at upwards of 64%"

    https://hotcopper.com.au/threads/institutional-buying.7172061/page-81?post_id=65724570
 
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