Please also note the PFS conceptualize an "operating cash cost" of 374 per t. As you probably know a cash cost is much lower than the actual AISC which includes things like interest, amortization and depreciation of a resource.
I could easily suppose given the amount of debt needed to built this project and the amortization schedule that the AISC could easily climb to A$500 being higher that the price the Aussie producers currently fetch for their spodumene and this is before deducting the ocen going transports costs from Africa to China...
MLL Price at posting:
7.9¢ Sentiment: None Disclosure: Not Held