So for those who understand the lithium/mining game better than I, a few questions. Sorry actually quite a lot of questions, but when $$$ is involved, best to understand the situation fully!
- Is there any previous data that can tell us how long we should expect to wait for approval on Mining Lease Application @ Grants?
- Is there any looming factors which mean it may not get approved?
- Avg time to mine 1.8Mt?
- On the note ' CXO will make about $50M from Grant': Could you help explain the mathematics?
e.g. they plan to mine 1.8Mt @ 1.5% Li2O. So after it's mined:
What gets extracted (Li2O or Li2CO3)?
What are extraction costs (getting the good stuff out of the rock)?
What's the price per tonne for Li2O or Li2CO3?
How many tonnes of sellable product do we estimate to have at the end of the expedition (guessing this is the inferred 49,000 Tonne of Li2CO3 mentioned in release?)
Thank you for your patience !
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