TAW 0.00% 31.0¢ tawana resources nl

Ann: Lithium Offtake Agreement and Prepayment, page-24

  1. 9,044 Posts.
    lightbulb Created with Sketch. 3910
    Lol blatant misinformation and ramp. GXY deal is $905 for 6% concentrate with $15 +/- for every 0.1% same as TAW. So GXY actually has a better deal.

    They won't produce 6.8% grade. It makes no sense.

    If you can get paid $880 for 6.0% ($14.66 per 0.1%) why would you produce 6.8% for only $15 extra per 0.1% given you are likely to lose recovery the higher concentration you go.

    Also given performance metrics for this deal to stand up are 12Mt at 1.1% I would say you will be sitting just above that in terms of grade (i.e not much higher than GXY and a lot lower than a couple other WA plays).

    Keep it factual
    Last edited by binwood: 26/04/17
 
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