I would you suggest you take a look into the the technique to extract the lithium from the host. Cobre Monata's system, although showing great potential, still needs to be proven at the commercial scale. There is a difference between a commercially validated system versus an ad-hoc one that sits on a lab bench with 50kg of concentrate put through it.
The price to run it through is about $2,000 a tonne which is quite reasonable, however the relative low grade would suggest you would need to pump a lot through to get decent tonnage.
Having said that, i would think that a scoping study would be released in due course, however assumptions would be used as there is currently no system available. From there you would need to build a pilot plant. So although you may have the scoping study released over the next month or so you could be waiting quite a while until production commences. In the meanwhile, they'll keep extracting the tin and stockpile the rest for leeching at a later point in time.
There are other lithium companies out there that are nearing production. I would think you may be waiting a little while with this one. SP has run a little too hard today given the timeline involved. Tight stops people.
- Forums
- ASX - By Stock
- EMH
- New Report From The Next Mining Boom
New Report From The Next Mining Boom, page-30
-
- There are more pages in this discussion • 68 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 EMH (ASX) to my watchlist
|
|||||
Last
30.0¢ |
Change
-0.005(1.64%) |
Mkt cap ! $62.23M |
Open | High | Low | Value | Volume |
32.0¢ | 32.0¢ | 30.0¢ | $1.907K | 6.085K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 2000 | 30.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
34.0¢ | 3000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 2000 | 0.300 |
1 | 19270 | 0.285 |
1 | 15000 | 0.280 |
1 | 2833 | 0.265 |
1 | 35000 | 0.255 |
Price($) | Vol. | No. |
---|---|---|
0.340 | 11148 | 2 |
0.345 | 6970 | 1 |
0.350 | 3125 | 1 |
0.405 | 13500 | 2 |
0.410 | 2400 | 1 |
Last trade - 13.01pm 03/07/2024 (20 minute delay) ? |
Featured News
EMH (ASX) Chart |
The Watchlist
CCO
THE CALMER CO INTERNATIONAL LIMITED
Anthony Noble, CEO & MD
Anthony Noble
CEO & MD
Previous Video
Next Video
SPONSORED BY The Market Online