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0.00% 50.5¢ leo lithium limited

Jeez that is scary. Using 1% lepidolite ore running at 80%...

  1. dazaliam
    6,036 Posts.
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    15/02/24
    18:06
    Post #: 72429769
    Jeez that is scary. Using 1% lepidolite ore running at 80% recovery requires 7.5t to get 1t of sc6. Needing approx 10t of sc6 to get 1t LCE at 80% recovery. So 100kt of LCE requires 7.5Mt of ore from lepidolite. Someone will be running a huge loss with a poor end product.
    LLL Price at posting: 50.5¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 7  Upvote
    lightbulb Created with Sketch.  Great analysis
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