Hi Marg - love your work and enthusiasim...
Current stockpile is unimportant...
Over the life of mine - Assuming your numbers - and an ore grade of 1.4% Li - conversion of ore to 6% spod is ...
156,000,000 times 1.4% divided by 6 = 13,104,000 tonnes 6% spodumene...
So 156,000.000 million tonnes @ $850 converts to $11,138,400,000.
It's not unreasonable to assume that over the life of mine 6% spod will average at least $5,000.
On that assumption the value of the deposit over its life will exceed $65.25 billion.
ASX Today, page-37547
-
- There are more pages in this discussion • 3,657 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add LTR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
90.5¢ |
Change
-0.020(2.16%) |
Mkt cap ! $2.194B | |||
| Open | High | Low | Value | Volume |
| 91.0¢ | 93.5¢ | 89.0¢ | $26.09M | 28.68M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 472933 | 90.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 90.5¢ | 446423 | 6 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| LTR (ASX) Chart |