As always, a great analogy comparison SP, on top of what had been mentioned above, here is the underlying spodumene price assumptions in Goulamina's DFS as at 01Dec2021: Relative to spot pricing and recent price forecasts a conservative spodumene concentrate price of US$1,250/tonne real is applied for the first 5 years of production, and a long-term weighted
average of US$900/tonne real applied for the balance of mine life. Life of mine average price is US$978 per tonne. It was pretty conservative, given the current spot price is over $5000. As an analogy contract, we may have downstream processing ingredient in our DFS.
As always, a great analogy comparison SP, on top of what had...
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