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50.5¢ leo lithium limited

Sigma has a CIF cost of US$523 for their SC5.5 according to...

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zzya1979

540 Posts.

89

21/01/24

12:31

Post #: 71985038
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Originally posted by zzya1979: ↑

Thanks fooca. I feel that the cost curve figure by Citi Research may be incorrect and misleading. According to LTR's and PLS' own DFS/scoping study, their C1 costs are much lower than those shown in the cost curve figure, and their royalties and shipping costs should be similar. The shipping costs for Sigma (Brazil) and LLL (Mali) may be similar (~US$120 according to Sigma's 2022/2023 study) but 3-4 times of LTR and PLS (US$30-40/t). If just based on companies' own feasibility studies, LTR (higher FOB cost, lower shipping cost) and LLL (lower FOB cost, higher shipping cost) have similar life of mine (LOM) CIF costs (~US$500) while PLS has the lowest CIF (<US$350). Sigma may have a similar LOM CIF cost to LLL.

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Sigma has a CIF cost of US$523 for their SC5.5 according to their 2023 study.

LLL Price at posting: 50.5¢ Sentiment: Hold Disclosure: Held
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