INR 3.85% 13.5¢ ioneer ltd

Look far ahead, Look into the future of your account, it's easy...

  1. 452 Posts.
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    Look far ahead, Look into the future of your account, it's easy to forget the cap raising when this announcement shows a set amount of future costings should be covered now.

    Operating costs ~ $1,800/tonne lithium carbonate
    (with boric acid credit).
    Boric acid revenue at $700/tonne pays for most of
    site operating costs.

    Lithium carbonate annual production = 20kt & Boric acid annual production = 173kt
    For every 1.0 tonne of lithium carbonate produced, 8.5 tonnes of boric acid is produced

    Over 50% of our produced Boron will be taken off our hands = approx 0.6 tonne of Lithium
    are forseen to be financially recoverable. This is how offtake agreements are progressed, This announcement is a true humdinger.
    Last edited by aysxtrader: 19/12/19
 
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