Just trying to play with some rough numbers. Per mou with Gerald metals, LIN needs to supply minimum 9,000 tonnes p.a. or up to 45,000 tonne per year.
steenkampskraal, a South African company quoted a monazite con price of US$6,000 per tonne or $US6/kg (most recent estimate I can see), or A$8.89 per kg. Euroz broker reports quoted US$3.9 per kg (A$5.77) for all sustaining costs.
Iluka quoted A$7.70/kg in 2021 for Mon con as another ref point
2025 euroz estimates production of 7.2kt of mon con, increasing to 16.6kt in yr 2 (2026)
assuming profit per kg of $3.22 at 16.6kt production = $53m profit for stage 1 p.a
this has been positioned/sold as a low cost and simple operation (which feels under appreciated by people). pretty healthy figures - hopefully feasibility study will support this.
Just trying to play with some rough numbers. Per mou with Gerald...
Add LIN (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
14.5¢ |
Change
0.015(11.5%) |
Mkt cap ! $167.0M | |||
| Open | High | Low | Value | Volume |
| 13.5¢ | 14.5¢ | 13.5¢ | $137.6K | 981.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 17000 | 14.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.5¢ | 135206 | 2 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
|
|||||
|
Last
14.5¢ |
Change
0.015 ( 11.5 %) |
||||
| Open | High | Low | Volume | ||
| 13.5¢ | 14.5¢ | 13.5¢ | 400330 | ||
| Last updated 15.44pm 03/05/2024 ? | |||||
| LIN (ASX) Chart |