CXO 3.23% 9.6¢ core lithium ltd

Banter and general comments, page-4860

  1. 2,171 Posts.
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    Hey Phantom77

    The actual yearly planned figure is closer to 190 000 tons (if you have a look at the investor report prepared before the Ganfeng deal). As a general rule, we sort of hover between 185-192 000 tons I think from memory.

    If we want to double this then it will cost 40 million according to the most recent estimate provided by Stephen Biggins for a maximum possible production of 380 000 tons. It was also suggested that doubling this would not be overly complex as we would already be using the same plant (just two of them) and that it would not take a huge amount of time to have it online should management choose to do it.

    Not PLS big in terms of production numbers but certainly not tiny by any respect, especially when you consider that only 150 000 tons of that stuff would be done through off-take deals and the rest could be sold on the global spot market for stupid premiums.
    Last edited by Kiwisfly9: 21/10/21
 
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