BBX 0.00% 24.0¢ bbx minerals limited

Ha! Jeepers, I rest my case! Curiosity got me looking at lithium...

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  1. 4,791 Posts.
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    Ha! Jeepers, I rest my case! Curiosity got me looking at lithium mining profits: Taking the numbers from the TAW project, they make ~$100/t of dirt mined from their 1.1% lithium deposit.

    At 2oz/t BBX can make $2,400/t at $500/oz costs

    At 4oz/t BBX can make $5,800/t at $250/oz costs (costs per tonne will halve at double the grade).

    I know it's apples and oranges (TAW have shipped their first dirt) but lithium mining's not that much better than mining iron ore.
    Last edited by Midnight26: 16/05/18
 
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