Lithium Ionic used higher prices in their DFS only released last month.
A LOM price of $1375/t would be reasonable in the DFS, as it's still consistent with long term forecasting from agencies (into the 2030s).
Had that been used in the PEA, it would've taken the NPV down from $2.5b to $1.75b (USD).
The life of mine used was 11 years in the PEA.
They need about 41,000t of lithia per year to put out 500kt at 5.5% spodumene at a 67% recovery rate.
The measured and indicated resource has 850kt of lithia.
Though there may be some pit design quirks that prevent it all being used, I expect a 15 year LOM at the very least, which will boost the NPV.
- Forums
- Charts
- LRS General Discussion
Lithium Ionic used higher prices in their DFS only released last...
-
- There are more pages in this discussion • 15 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add LRS (ASX) to my watchlist
|
|||||
Last
12.5¢ |
Change
0.015(13.6%) |
Mkt cap ! $356.9M |
Open | High | Low | Value | Volume |
12.0¢ | 13.0¢ | 12.0¢ | $897.7K | 7.352M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
22 | 1448702 | 12.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
13.0¢ | 1958261 | 45 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
20 | 1494332 | 0.125 |
26 | 1169240 | 0.120 |
19 | 1623327 | 0.115 |
36 | 1391478 | 0.110 |
22 | 1272091 | 0.105 |
Price($) | Vol. | No. |
---|---|---|
0.130 | 2047921 | 48 |
0.135 | 1346688 | 20 |
0.140 | 737273 | 15 |
0.145 | 479265 | 11 |
0.150 | 256368 | 11 |
Last trade - 11.52am 14/08/2024 (20 minute delay) ? |
Featured News
LRS (ASX) Chart |
The Watchlist
ACW
ACTINOGEN MEDICAL LIMITED
Steven Gourlay, Managing Director and CEO
Steven Gourlay
Managing Director and CEO
SPONSORED BY The Market Online