CXO 4.55% 10.5¢ core lithium ltd

Banter and general comments, page-25665

  1. 13,553 Posts.
    lightbulb Created with Sketch. 4637
    why can't we make 2,90,000 tons minimum per year with one plant especially when they are working day and night shift

    its all a trade off between production and mine life, double production and halve mine life , at the moment the company is trying to grow mine life not shrink it. If we have plans to eventually go downstream a 20 year mine life is considered a minimum...at a guess the mine life will go from 12 years to somewhere close to 18-20y at current production rates with the latest resource increase, so they still need to find more ore close at hand to increase production and maintain mine life IMO.

    Its not as simple as comparing us with PLS or LTR they both have very large individual deposits....

    Cheers Whisky


 
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