Ivanhoe quote $323/t via rail to Lobito - however there is...

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Ubique13

910 Posts.

3383

27/01/21

10:32

Post #: 50462539
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Originally posted by Roller62 ↑

I guess OZBlue can't help it if he can't read a technical report. That transport cost used in Ivanhoe's report wasn't even to Lobito - it was to Durban all the way to China. Really quite laughable.

Your table does not include the full project for the other company. You need to include the tin which can't be mined without mining the SC6 also use need to include the Lithium Sulphate which is part of the DFS.

Have you looked at the tin price lately? SC6 price to is on the rebound too. Just remember that the other company needs to build the mine yet. By the time its ready to produce there will be no problem with the price of SC6.

Which brings me to the point of why hasn't FFX got a OT for their lithium yet? Could be to do with it hasn't been proven how it is going to be converted to SC6 and hydroxide.

Thanks for giving me the opportunity to point these things out to new comers to FFX.

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Ivanhoe quote $323/t via rail to Lobito - however there is currently no rail infrastructure in place... your company needs to travel further also, so transport costs even with rail will likely be >$350/t... + the CAPEX to build the railway...

The beauty of FFX is, there are paved roads all the way to port, and its only 1000km vs 2700km for your project.

Do high levels of tin impurities in your company's SC6 impede it from producing battery grade hydroxide?

The sulphate component is a joke - if you can't understand the logic there you need to find someone other than Rainbow and Viking to get stock tips from.

Your company only just got an offtake, FFX will be updating the market in the "coming weeks" re the lithium, I'm sure commercial agreements aren't too far away .

Your post should be reported for misleading information. FFX's DFS clearly demonstrates that it can produce SC6:

And that it can produce battery grade lithium carbonate from it's SC6:

FFX Price at posting: 20.5¢ Sentiment: Buy Disclosure: Held
33 Upvote

7 Great analysis

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