SYA 2.86% 3.4¢ sayona mining limited

Where is the...

  1. 459 Posts.
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    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.



    https://hotcopper.com.au/data/attachments/3508/3508867-9a84a99bc3dfa799c2d341ea3e14b644.jpg
    Good job to the holders.



 
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