Anything inside a [box] is a guess. These numbers can also be...

  1. 787 Posts.
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    Anything inside a [box] is a guess. These numbers can also be substituted later on when true numbers are revealed.

    If CXO can get US$951/t (AUD$1405) for 15,000dmt of 1.4% DSO = AUD$21m minus operating costs
    • Approximately AUD$100 / 0.1% DSO dmt

    If WIN can prove up a [5Mt] shallow-to-surface deposit at [1.2%], that will contain 60,000t of spodumene ore ([5Mt] x [0.012%]).
    • They might be able to get [AUD$1200/t] based upon AUD$100 / 0.1% DSO
    • Potential revenue before costs: AUD$72M

    Taking the DSO option, and because this sits on a granted mining lease, it could mean that they beat a few Australian lithium names including Liontown (LTR), Global Lithium (GL1), Essential Metals (ESS) and a chance to beat RDT, who are also considering DSO mining, to "production"/first sale. If you discount the DSO versus spod concentrate argument, WIN being the next lithium "producer" would have a lot of implications for market cap expansion. As always, a lot of ifs, mights, coulds, buts and hypotheticals.
    Last edited by Son of Gwalia: 25/11/22
 
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Mkt cap ! $9.901M
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1.8¢ 1.9¢ 1.8¢ $35.27K 1.959M

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Price($) Vol. No.
1.8¢ 335075 2
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Last trade - 15.15pm 26/06/2025 (20 minute delay) ?
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