Andyroo
I suggest you do a little more homework before making incorrect statements
I suggest that you visit http://www.plymouthminerals.com/i/investor-centre/announcements/
and read the Hartleys report. see extract below
The lithium is hosted in phengite-muscovite (mica) which has shown excellent acid-leach recoveries to a lithium carbonate product. A common misunderstanding of this this kind of mica hosted lithium deposit is to compare the grades of a deposit like this one to one of spodumene mineralisation. The different mineralisation changes the metallurgy and therefore the process flowsheet. San Jose has shown to recover to a lithium carbonate, which sells at a substantial premium to spodumene concentrates. From this perspective, San Jose is more akin to a high grade brine operation than a spodumene mine. Our speculative assumption assumes PLH could generate ~15ktpa of LC (sale price ~US$11,000/t) at costs ~US$5,500/t for capex ~US$150m.
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Open | High | Low | Value | Volume |
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5 | 725000 | 0.040 |
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2 | 130000 | 0.030 |
1 | 34517 | 0.029 |
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0.045 | 180000 | 1 |
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