If you have a problem with the figures in the table, you have a problem with your precious company's DFS.
And I would agree, there are several problems with your DFS:
The most obvious being that it demonstrates Manono is uneconomical at current spodumene prices
Even with the optimistic transport estimates - should actually be circa $400/t as per Ivanhoe's feasibility study (refer to Ozblue's posts) therefore realistic OPEX >$500/t.. hmm reminds me of A40
Lucky they included secondary processing in there despite any test work to support it (are operating costs accurate?), as selling sulphate (if you can sell it, as this is a new market, no one currently sells sulphate) at 50% of the market rate of lithium hydroxide (if you can at this price, as this is an arbitrary price point based on nothing), as this makes the project appear to be worthwhile investing in.
I'll walk you through the numbers again, one more time...
- Forums
- ASX - By Stock
- our globally significant Lithium Resource
If you have a problem with the figures in the table, you have a...
- There are more pages in this discussion • 188 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 FFX (ASX) to my watchlist
(20min delay)
|
|||||
Last
20.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $236.5M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Featured News
FFX (ASX) Chart |
Day chart unavailable