You said the opex was around 8000 . Not much room for profit ....

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SAAB02

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26/09/24

15:58

Post #: 75854618
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Originally posted by sharebroker1: ↑

Exactly it is a JORC Resource, look at the two corresponding tables, to even come up with an inferred Resource takes heaps of data, in MANs case loads of historic drill core analysis and compiling.

Hardly a "guess" as you put it but you know that anyway dont you

Looks like Li Carb prices $12,000 US so yes a drop alright as was last year, so then if 3Mt JORC compliant Resource comes in at say SUS12k per tonne Li Carbonate that equates to a in ground value of around what $US36 Billion, so around $59Billion Australian. Just back of envelope workings here?

Will be interesting to see where this Li Carbonate price goes over the year or two?

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You said the opex was around 8000 . Not much room for profit .
Man need it down under 4000 for opex .
And will need the capex down to 500 mil or lower .
now how long is that high voltage power transmission 5k or 50k . Maybe its 100k .. its a big area of nothing .

MAN Price at posting: 3.0¢ Sentiment: None Disclosure: Not Held
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Last 1.9¢		Change 0.000(0.00%)		Mkt cap ! $11.91M

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No.	Vol.	Price($)
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You said the opex was around 8000 . Not much room for profit ....

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