1MC

0.00%

3.3¢ morella corporation limited

987. ALB have been looking around the world for something like...

First 79 Last

Share
Profile

Follow
twouptom

26,800 Posts.

175

28/11/18

10:41

Post #: 36666169
Share

Originally posted by catz987 ↑

I went to the Syd presto last night.

AJM Management estimates stage 1 “revenue minus all-in cost” will be 120 mil aud per year providing that (1) spod price $ and total cost $ after successful ramp-up remain within today’s ranges, which will (2) return a 600 aud per tonne, assuming (3) the customers will buy their committed quantity. That’s 120 mil aud per year times N number of years : not small $$.

When stage 2 is operational, for the purpose of estimation, given everything being same the return will be 240 mil aud per year.

Management also believes that the recent ALB investment in MIN’s Wodinga project means a lot to the importance of hard rock spod (Vs brine) as a lithium raw material.

So, let’s see how this story will get played out.

Expand

Originally posted by catz987 ↑

I went to the Syd presto last night.

AJM Management estimates stage 1 “revenue minus all-in cost” will be 120 mil aud per year providing that (1) spod price $ and total cost $ after successful ramp-up remain within today’s ranges, which will (2) return a 600 aud per tonne, assuming (3) the customers will buy their committed quantity. That’s 120 mil aud per year times N number of years : not small $$.

When stage 2 is operational, for the purpose of estimation, given everything being same the return will be 240 mil aud per year.

Management also believes that the recent ALB investment in MIN’s Wodinga project means a lot to the importance of hard rock spod (Vs brine) as a lithium raw material.

So, let’s see how this story will get played out.

Expand

987.
ALB have been looking around the world for
something like Wodinga.
Huge chemical company like ABM chasing lithium here
gives a great deal to like about AJM.

AJM Price at posting: 21.0¢ Sentiment: Buy Disclosure: Held
5 Upvote

0 Great analysis

Reply

Top Stories

QML

Metallurgical testing shows saleable copper and pyrite from QMines' Develin Creek project

BIT

HotCopper users blunt as Biotron sinks -35%; long-awaited COVID drug results same as placebo

LAM

Laramide sniffs prime Kazakh uranium, with agreement over 6000 square km land position

PRU

Perseus Mining boosts stake in Predictive Discovery to 19.9% as latter's flagship project stalls

RMX

Red Mountain Mining: record gold prices, two projects, two greenstone belts

CBA breaks trading record on strong day for Aussie financials

Week 36 Wrap: AI hype wave tested again; Oz per capita recession continues; AirTrunk’s $40B+ payday

SBW

Shekel Brainweigh investor presentation webinar – the future of retail automation

As Nvidia cools, we're looking to Aussie AI

OCC

Orthocell kicks off collagen-based dental bone repair product sales in Canada; eyeing next stop Brazil

There are more pages in this discussion • 483 more messages in this thread...

First 79 Last

Add 1MC (ASX) to my watchlist

(20min delay)
Last 3.3¢		Change 0.000(0.00%)		Mkt cap ! $8.935M

Open	High	Low	Value	Volume
3.3¢	3.3¢	3.3¢	$124	3.755K

Buyers (Bids)

No.	Vol.	Price($)
1	16221	3.3¢

Sellers (Offers)

Price($)	Vol.	No.
3.4¢	3568	2

View Market Depth

No.	Vol.	Price($)
1	16221	0.033
2	17721	0.032
4	102290	0.031
1	11666	0.030
1	19200	0.029

Price($)	Vol.	No.
0.034	3568	2
0.035	23800	1
0.036	366239	4
0.037	70464	2
0.038	75000	1

Last trade - 15.56pm 06/09/2024 (20 minute delay)

1MC (ASX) Chart

987. ALB have been looking around the world for something like...

Metallurgical testing shows saleable copper and pyrite from QMines' Develin Creek project

HotCopper users blunt as Biotron sinks -35%; long-awaited COVID drug results same as placebo

Laramide sniffs prime Kazakh uranium, with agreement over 6000 square km land position

Perseus Mining boosts stake in Predictive Discovery to 19.9% as latter's flagship project stalls

Red Mountain Mining: record gold prices, two projects, two greenstone belts

CBA breaks trading record on strong day for Aussie financials

Week 36 Wrap: AI hype wave tested again; Oz per capita recession continues; AirTrunk’s $40B+ payday

Shekel Brainweigh investor presentation webinar – the future of retail automation

As Nvidia cools, we're looking to Aussie AI

Orthocell kicks off collagen-based dental bone repair product sales in Canada; eyeing next stop Brazil

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

987. ALB have been looking around the world for something like...

Top Stories

Metallurgical testing shows saleable copper and pyrite from QMines' Develin Creek project

HotCopper users blunt as Biotron sinks -35%; long-awaited COVID drug results same as placebo

Laramide sniffs prime Kazakh uranium, with agreement over 6000 square km land position

Perseus Mining boosts stake in Predictive Discovery to 19.9% as latter's flagship project stalls

Red Mountain Mining: record gold prices, two projects, two greenstone belts

CBA breaks trading record on strong day for Aussie financials

Week 36 Wrap: AI hype wave tested again; Oz per capita recession continues; AirTrunk’s $40B+ payday

Shekel Brainweigh investor presentation webinar – the future of retail automation

As Nvidia cools, we're looking to Aussie AI

Orthocell kicks off collagen-based dental bone repair product sales in Canada; eyeing next stop Brazil

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News