EMH 7.84% 27.5¢ european metals holdings limited

@Miro_Umlauf Here in lies the reason. 24664587 @VonSchlick As...

  1. 334 Posts.
    @Miro_Umlauf

    Here in lies the reason.
    24664587

    @VonSchlick

    As everyone quite aptly points out, this is not a like for like. I cant fault your calcs besides not being 'elegant'. But the key thing missing is economies of scale. The LPD PFS is a commercial demonstration of the process. EMH PFS is a full scale commercial plant. The point being the cost structure can only improve with scaling up and the LPD PFS states this. Note EMH are also probably going to try scale up to improve economics.

    The cost to process Zinnwaldite by Lmax is probably different to Lepidolite. They are different minerals requiring different quantities of reagents. A comparison can only be made by running a true side by side comparison (see link above for why this hasn't occured).
 
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