Within the battery grade Li2CO3 there is a range with sales pricing as well. I think the premium grade DKO have produced they can command the very top of the range. Around $20k/T at the moment.
Sooooo…….we can afford to spend a little more having to process more ore to achieve the same “quantity” of lithium, hence the importance of increasing the JORC complaint resource. Why, because we get paid in the range of $5k-$8k more for selling top shelf. Average price from hard rock is around $3.5k/T, add 50% for arguments sake and we are still way ahead.
Back of an envelope numbers but that's the gist of it…….
DKO Price at posting:
5.7¢ Sentiment: Buy Disclosure: Held