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clock Created with Sketch. 31/07/23
17:28
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Originally posted by malcolm in the middle:
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52570, i thought i would dig this up (pardon the pun) from the DSO announcement on a question you asked about maybe just one or two shipments.....not sure how many shipments there could be in that time, but more than one or two. handling solution ahead of spodumene concentrate production, which is on schedule to commence in H1 2024. nd Leo Lithium anticipates the export of DSO ore for 6 to 9 months in advance of spodumene production.
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As far as profit - i recall that the company were still quite confident in a positive profit margin because of its purity and highish grade.https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02612292-6A1128262?access_token=83ff96335c2d45a094df02a206a39ff4 'Targeting minimum two shipments x 30,000 mt- option to continue to be assessed at the time• Ore grade 1.2-1.5% Li2O likely• Timing: early Q4 2023 preliminary estimate' So, i'm not sure but maybe the plan is more DSO per shipment - than contemplated above. And I can't find it, but I think the ore is likely to be very slightly higher grade than the above and certainly at the higher end of the above, range.
(20min delay)