ESS
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0.00% 50.0¢ essential metals limited

Ann: Scoping Study and offtake discussions commence, page-7

  1. qwert0
    472 Posts.
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    05/09/22
    10:19
    Post #: 63517192
    Back of the envelope calculation:

    1.2Mtpa of 1.21% Li2O gives an output of 242,000t of SC6 concentrate.

    Spot price of SC6 is around $9,000 AUD at the moment.

    That equates to $2.2B annual revenue - for a company with a current market cap of $105m.

    Am I missing anything?
    ESS Price at posting: 45.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 28  Upvote
    lightbulb Created with Sketch. 6  Great analysis
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