GXY galaxy resources limited
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Read a DFS. The Airguide information is relating to the Ganfeng...

  1. binwood
    9,210 Posts.
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    01/05/17
    13:05
    Post #: 24380736
    Read a DFS.

    The Airguide information is relating to the Ganfeng deal only.

    PLS will be using approximately 1.25% feedstock (as of DFS, expect higher in the early years) and recent improvement in recovery rates are pushing that towards 80%. 1.25% x 80% = 1.00%. 6/1.00 = 6.00 tonnes to produce 1 tonne of 6% concentrate.

    2Mt divided by 6 = 333kt of 6% spodumene concentrate.
    GXY Price at posting: 41.3¢ Sentiment: Hold Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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