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9,074 Posts.
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01/05/17
12:36
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Lol you miss the point. Pily spod is 40kt LCE.
Let's say we even ignore Cattlin in this discussion.
SDV capital cost of $470m. Produces 25kt of Carbonate at c. $3,500 and sells for $15,000. Profit of $287.5m
Pily Capital cost of $220m. Produces 330kt of spodumene per year. opex c. $200 and sells for $1,000. Profit of $264m.
SDV outperformance = $23m/p.a = 11 year pay back period for extra capex.
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