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Tim has mentioned that we'll probably be looking at a plant...

  1. qwert0
    472 Posts.
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    23/11/22
    13:01
    Post #: 64940874
    Tim has mentioned that we'll probably be looking at a plant capable of producing 180kt of concentrate per year.

    Spot price of SC5.5 is currently around A$10,000/t.

    180,000 x $10,000 = $1.8B

    If you think that $500m per year is wildly optimistic, what do you think is a more reasonable estimate?
    ESS Price at posting: 42.8¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch. 3  Great analysis
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