Where is the mine?
https://sayonamining.com.au/authier-project/
just looking back at November 2019 summary here:The revised DFS announced on 11 November 2019 confirmed the Authier project’s viability as a profitable and sustainable new lithium mine that will provide new jobs, investment and strong returns for all stakeholders.
Key findings included:
- NPV (real terms @ 8% discount rate) of C$216m vs previous study’s C$184.8m
- Pre‐tax internal rate of return 33.9% vs 33.7%
- Annual average spodumene production – dry (6% Li2O) of 114,116t vs 87,400t; 78% recovery rate
- Life of mine 13.8 years (based on a higher daily production rate of 2,600 tonnes per day compared to the previous DFS rate of 1,850t)
- Total EBITDA of C$461m and total net revenue of C$1,412m
- Initial capital costs C$120m; life of mine capital costs C$211m
- Project payback period of 2.7 years.
Good job to the holders.
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