AVZ
Click for more information
0.00% 78.0¢ avz minerals limited

Can you show how you arrive with only 26.5 million tonnes of 6%...

  1. Deepp
    198 Posts.
    lightbulb Created with Sketch. 47
    clock Created with Sketch.
    04/08/18
    04:52
    Post #: 34717790
    Can you show how you arrive with only 26.5 million tonnes of 6% concentrate.

    My calculator is showing concentration ratio for 6% spodumene is 1:3.681 with our spectacular grade of 1.63%.

    @75% recovery rate, 75% of 260/3.681= 52.97 Million tonnes of 6% concentrate.

    This gives Life of mine EBITDA= US$18.53 billion. Double of your calc.

    Correct me if I am wrong.
    Last edited by Deepp: 04/08/18
    AVZ Price at posting: 12.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 22  Upvote
    lightbulb Created with Sketch. 3  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

NEWS Good debt vs bad debt for the property in your investment portfolio
right-arrow Created with Sketch.
ENR Encounter Resources flags latest niobium hits in fresh assay data
right-arrow Created with Sketch.
CXO Core Lithium narrowly beats guidance on FY24 spodumene production but 1Y returns still shattered
right-arrow Created with Sketch.
HCH Hot Chili sets up water company as drought racks Chile–but must also build communities a desal plant
right-arrow Created with Sketch.
PMT High-grade lithium zone extended at Patriot's Corvette project, drilling grades at 5%
right-arrow Created with Sketch.
MGT Magnetite Mines set to progress DFS for Razorback through deal with JFE Shoji
right-arrow Created with Sketch.
watchlist Created with Sketch. Add AVZ (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.