European Metals released their Lithium carbonate PFeas today
http://stocknessmonster.com/news-item?S=EMH&E=ASX&N=817396
NPV $540 m for a 1,7 Mtpa operation and 20.800 tpa LCE output
When I interpret @Ubique13 calculations correctly, he is expecting for only a 1 Mtpa Bogouni operation 37.000 LCE output.
For a comparable 1,7 Mtpa operation BGS output could be approx 63.000 LCE tpa. It seems grade is king....
I hope BoD will adress an additional LCE-PFeas to consultants asap.
How long will it takes to create such an additional LCE-PFeas based on current spodumene concentrate PFS at work? Further 6 months, so it could be ready at the end of this year ?
Marketcap EMH 127 Am$.
Which marketcap could Mr.Market admit Birimian, when BGS would release a LCE PFeas with a multiple higher NPV in comparison to EMH at the end of 2017 (considering to be fair also the higher sovereign risk) ?
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