I was just sent this post from one of the Canada boards.Its...

I was just sent this post from one of the Canada boards.

Its inference at this stage. But it doesn't take a lot of knowledge to understand a +120mt first pass resource can support a 4-6mtpa plant. Run 1.1/2% material through 5mt plant at 70% recoveries is 670ktpa SC6. Capex of similiar DMS builds is available add $100m to be conservative = $500-600m. At $2k SC6 with $600 AISC thats $970m EBITDA or post tax $670m. Do that for 20 years and the NPV10 is $5.1b. Run spot and it a NPV10 of$13.3b. Pick the middle if you want but understand this is going to continue to grow and could support 1mpta SC6 just like PLS is doing.

Every Lithium major understands this, every conversion facility understands this. All will pay a big premium to have a single source of ore to run through a plant so they can produce a consistent product. This is headed to $8-10b and thats just the reality you need to deal with


This is the level of posting I've love to see here and talk about for 100 posts.
-That's never going to happen here sadly.
Yet, we have to settle for...they are dirty crooks trying to keep the SP down. They need to go to jail!
x 30 times a day!
Lovely, so interesting and informative.
No wonder the SP is where it is.

I'm off to set up an account on those boards!