EMH 2.86% 17.0¢ european metals holdings limited

Keith - The market wants LMax!, page-20

  1. 334 Posts.
    I spelt this out before, but for your benefit,
    Cinovec concentrate =2.6%Li2O
    Spodumene concentrate=6.0%Li2O

    Therefore, for the same Lithium carbonate production you will need twice the mass of Cinovec concentrate compared to spodumene.

    But...
    The unproven roast requires 0.7t (6:3:1) of reagents for every ton of concentrate.
    (6/2.6 )+o.7 = 3
    This means that the Cinovec roaster will have a mass throughput >3x a spodumene roaster and will subsequently be that much bigger. This is conservative.

    Very disappointing PFS.
 
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