RE: Not Gunna Be Enough Lithium16 Dec 2021 12:50
I am sure we will start production at " In the current market, starting at 50ktpa may even be a possibility..." rememembering this is one shift . There is no justification what so ever to only do 25 K , Once the institutions get in on EMH the will force/dictate to management that they will want more . Yes my base line price would start at $15 k p/tonne as this figure has already been mentioned in offers , however , I am hoping $20 k may be our base or lets say $17.5 K , hazzard at a guess the rest of 20 years will be considerably higher . As the more substandard mines come on line they will have a greater operating cost and the base cost average will end up dictating the sell price in the future and of course we will never at this stage fullfill all the supply requirement over the next 10 years at least . so I see $20 K a tonne Li and $30 k a tonne Tin in updated PFS probably adding 175% to our existing bottom line . I agree KC and Cez should be shouting from the roof tops that we will head to double production , as usual KC and Cez have to dot eyes and cross tees in formal procedural documentation and feasability to proceed with double production , the back of the envelope alreadys says is it feasable and warranted though . All and sundry know too . Just cant wait for all those catalysts in that reddit thingy to come out and see if any of my predictive share prices will be true in next 4 to six months . or even which catalyst will come first . I am backing a $20 share peak at some stage AUD .
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