AKE Mt Cattlin cost of production excluding royalties and selling cost is USD$796/t for 5.4% Li2O; PLS’ Pilgan unit production cost is US$780/t.
Currently Benchmark Minerals Intelligence tracking’s spodumene concentrate 6% Li2O is US$6,000/t.
The funny thing is Mr Market priced where spodumene concentrate price would drop by
85%, which would never be sustainable in any other minerals price history. Generally, the worst scenario, it dropped by around 80%, then quickly bounced 100%, sustained at that level, which is usually 30% to 50% of the peak price. In this case, spodumene concentrate price (6% Li2O) is likely to sustain around US$2,500/t to US$3,500/t, with my best guess.
At SC6 US$2,500/t, LLL would be a cash cow, first spodumene concentrate is expected to deliver May 2024.
- Forums
- ASX - By Stock
- LLL
- General Discussion
General Discussion, page-3103
-
- There are more pages in this discussion • 7,840 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add LLL (ASX) to my watchlist
(20min delay)
|
|||||
Last
50.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $605.4M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Featured News
LLL (ASX) Chart |
Day chart unavailable