INR 2.94% 16.5¢ ioneer ltd

Ann: Mineral Resource increases by 168% to 3.4Mt LCE, page-18

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    Expecting significant cost increases (capex and opex) since DFS (inflation and much higher capacity). But we also know that prices of binding offtakes are probably in mid 20s.

    Any NPV is going to be north of USD 40 billion (ex North Basin). Absolute Monster. Meanwhile ASX…yawn.
 
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