Spodumene EV peer comparisons, page-146

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kcheers

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24/09/17

01:51

Post #: 27418404
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Originally posted by Wombat2 ↑

Hi AGreatYear

Not sure why you posted this table as we all know its a very long way from port.

In many ways the distance to port is irrelevant because of a few reasons which I will list below.

1. A deposit of this scale will be mined at a very high rate which will justify the building of a processing facility on site. There is such a facility being built at Kwinnana right now in WA. Once that is done the finished Lithiun Carbonate or Hydroxide will constitute about 10% of the lithium concentrate volume that otherwise need to be transported. So in essence we will transport only 10% of the volume a lithium concentrate producer would need to transport.

2. Whilst we don't know the exact or probable Tantalum or Tin credits that will be offsetting our mining costs but early indications are that the tin credits will be highly valuable and possibly offset any transport costs.

3. And this is the most important item - it will not be current shareholders problem!! This deposit will be sold to a Chinese company with DRC experience and links to the major battery manufacturers. They should be able to get a 5m ton per annum operation and a processing plant up and running for less than $800m.

Cheers W2

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It's said that it could offset processing costs to possibly -$20? Not offsetting transport costs as you mentioned. I understand the costs to china will be in the vicinity of US$200 to $240 PT. that's using upgraded road and I existing rail.

AVZ Price at posting: 10.5¢ Sentiment: Buy Disclosure: Held
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