A11 0.00% 38.0¢ atlantic lithium limited

Ann: Ewoyaa Mineral Resource increases to 35.3Mt, page-11

  1. 285 Posts.
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    Cannaccord seem to know the detail:

    Canaccord Genuity analyst Reg Spencer, who has a speculative buy recommendation on the company, said there was now a strong case for plant expansion to 3Mtpa or the extension of initial mine life to 17 years. Given lithium demand, he said there was a strong case to spend an extra US$25 million, for a total $150 million, to upgrade the crushing circuit and boost production to around 380,000tpa, more than making up for lower recoveries noted in the PFS. He said it would deliver "exceptional" upside for what is already among the lowest cost and least capital intensive pre-production assets in the world.

    https://t.co/4YVxZt4cKJ
 
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