A11 atlantic lithium limited

These are realy incredible and astonishing outcomes for a...

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    These are realy incredible and astonishing outcomes for a lithium project

    > Recently announced Pre-Feasibility Study (refer RNS of 22 September 2022) delivers exceptional financial outcomes for a 2Mtpa operation, producing an average c. 255,000tpa of 6% Li 2O spodumene concentrate “SC6” over a 12.5-year operation:
    o LOM revenues exceeding US$4.84bn, Post-tax NPV8 of US$1.33bn, IRR of 224% over 12.5 years
    o US$125m capital cost with industry-leading payback period of <5 months
    o C1 cash operating costs of US$278 per tonne of 6% lithium spodumene concentrate Free on Board (“FOB” Ghana Port, after by-product credits
    o Average Life of Mine (“LOM” EBITDA of US$248m per annum
    o 18.9Mt at 1.24% Li2O Maiden Ore Reserve
    o Average annualised US$1,359/dry metric tonne SC6 pricing used

    As resource will grow bigger u should think they will go for a 3 a 4 Mt/a production, lets see what the new updated PFS  figures will be and the DFS figures later next year
 
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