You are way off.
Galan based the DFS stages 1 and 2 on a long term LCE price of $29000/T, so you are somewhat correct there.
Galan are producing LiCl which they believe has a value of $22841/T, being 79% of the LCE long term assumed value.
But, Galan has annual production costs of only $3510/T to produce the LiCl, so they do not need a LCE price of $29000 to make a profit. In fact they will make handsome profits even at todays LCE spot trading prices.
You are way off.Galan based the DFS stages 1 and 2 on a long...
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Mkt cap ! $66.52M | |||
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