Let's keep it cool here. I appreciate @anatol, @Egeria and @VMPs contributions.
VMP even uploading things a thousand times, extra special thank you. It's not so much ignorance but the first time this issue came up for me. I have worked in mining but not in lithium, so am not familiar with the processing as much as other metals.
I'm trying to understand our CEO's statement that it may be more economical to produce lower grade. Where does the cost saving come from? Is the processing / refining step simpler? I found the statement he made quite interesting at the Diggers conference, but couldn't quite understand the economic linkage. In my simplistic understanding I had, perhaps wrongly, assumed that the ore in the ground will produce a better grade automatically, and it would be desirable to have the highest possible grade.
If someone could describe what the choices and cost parameters are that have to be considered to determine the most profitable grade to be produced, that would be enlightening.
- Forums
- ASX - By Stock
- ASX Today
Let's keep it cool here. I appreciate @anatol, @Egeria and @VMPs...
-
- There are more pages in this discussion • 6 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add LTR (ASX) to my watchlist
|
|||||
Last
79.0¢ |
Change
0.020(2.60%) |
Mkt cap ! $1.915B |
Open | High | Low | Value | Volume |
78.5¢ | 81.5¢ | 78.0¢ | $11.13M | 13.91M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
18 | 92916 | 79.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
79.5¢ | 131409 | 8 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
17 | 92716 | 0.790 |
7 | 355643 | 0.785 |
18 | 667078 | 0.780 |
5 | 134645 | 0.775 |
15 | 136410 | 0.770 |
Price($) | Vol. | No. |
---|---|---|
0.795 | 46916 | 7 |
0.800 | 64402 | 6 |
0.805 | 32000 | 2 |
0.810 | 145269 | 9 |
0.815 | 123854 | 8 |
Last trade - 16.10pm 20/08/2024 (20 minute delay) ? |
Featured News
LTR (ASX) Chart |
The Watchlist
CC9
CHARIOT CORPORATION LTD
MD - Shanthar Pathmanathan, Geologist - David Trabert
MD - Shanthar Pathmanathan
Geologist - David Trabert
SPONSORED BY The Market Online