No. The existing plans have ore being mined at 1-1.1mt pa. The 7-8yr mine life is basically 7.4MT / 1 MT pa and a lower start and finish year.
My understanding of the early years math is:
- 1.1mt ore mined each year (pg 16/63 of one of the 26Jun doc's)
- 71.7% recovery on concentration = 789k of ore.
- Concentrate the ore (5.8%/1.4% = 4.14x). Recovery losses factored in above.
- 789k / 4.14 = 190.6 kpa of 5.8% spod.
You have a circa 13 year mine from 14.7MT resource with the lithium percentage's CXO's has.
Banter and general comments, page-4544
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