LIN 2.17% 11.3¢ lindian resources limited

Ann: Outstanding Kangankunde Stage 1 Feasibility Study Results, page-180

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    Bro. The current LIN spot basket (oxide) price appears to be around $9.82/kg. They propose to produce concentrates that pay 50% of the oxide price therefore the basket price falls to $4.91/kg. 5% royalty makes this basket price of $4.66/kg. $3.01/kg in other costs; add $0.65/kg for shipping to USA or China. Costs might be $3.66/kg. The profit might possibly be US$1/kg at current spot prices. Production target I recall is 8.3 million kg.









    Last edited by GKeden: 02/07/24
 
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