LLL 0.00% 50.5¢ leo lithium limited

Ann: Leo Lithium Investor Webinar Presentation, page-56

  1. 4,100 Posts.
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    Gareth between us we must have asked all the questions

    My notes from the webinar

    - Resource upgrade in June

    - DSO mining equipment on site

    - wet season July/ Aug

    - Transport - hope to improve on 3 days each way - only drive during the day

    not looking at backloads at this time, maybe later

    - Stage 2 with the growing resource & reserve, it’s likely to grow beyond the initial 300kt increase in capacity, looking at moving it forward & up to 500kt putting us at 1 million

    meeting with Ganfeng later this month, have verbalised the 500t, need to formalise that then announce in next couple of months

    - Getting a debt facility in Mali is hard, small pool of lenders but working on it.

    - Commissioning - expect to get to nameplate by end of 2024 - so 6 months

    - Pricing based on Carbonate + Hydroxide, we get those prices from 2 publicly available pricing authorities, taking into account spot pricing & quarterly pricing in arrears.

    Overall we expect to receive a fair market price for the spod, we’ve tested the formula & we believe we’d get a pretty much market price, a floor price - no ceiling

    - DSO costs are conservative, most of the costs in DSO mning we’ll incur anyway, mobile crushing unit, lets us commission

    Expect around 1.5%, samples at lab awaiting results, hopeful something above the LOM reserve grade of 1.5%, 1.6% would be great

    - Hope the better road conditions, larger loads, using containers to bring costs close to DFS of $99 FOB

    - Can Ganfeng buy on market - there’s no restrictions

 
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