Comparing MLL to LTR, really the only reason we are at this market cap is that MLL is in Africa. That's really it.
Bigger resource
Further progressed in study stage
Far lower opex due to strip ratio
In talks with construction and offtake partners
At 1/6 the price.
LTR's PFS will be interesting reading, the SS already used 2mtpa to reduce costs. Even with tantalum credits the estimated cost/t will be about $40/t USD higher than MLL. Ta credits in reality will be much lower too, as the market is small and the new wave of spod will oversupply the market quickly over the next few years.
Buldania was spruiked as the value adder until recently, grades under 1% Li20 with v.low tantalum credit potential.
MLL is the only pure Lithium hard rock play that can compete with the best deposits opex-wise without relying on credits.
- Forums
- ASX - By Stock
- Current SP and any other thoughts
Comparing MLL to LTR, really the only reason we are at this...
- There are more pages in this discussion • 4,205 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 FFX (ASX) to my watchlist
(20min delay)
|
|||||
Last
20.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $236.5M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Featured News
FFX (ASX) Chart |
Day chart unavailable