Australia's largest stock trading and investment forum Australia's #1 stock forum

O ORE's cash costs exclude our potash credits (they are a option...

First 185 Last

Share
Profile

Follow
RPaulson

1,340 Posts.

29

07/06/16

12:45

Post #: 17971663
Share

O

Originally posted by SuperNinja ↑

@RPaulson

Have you been keeping up with the facts. I used GXY feasibility report to show that the potash credits being used at $400/t (200/t these days) were the only reason that Brine lithium was appearing cheaper than Spodumene.

Brine based lithium is at risk due to falling potash prices as the lithium production is only 6% to 15% (being generous) of the overall products produced from Brine. If the major product Potash (not sure why it is called lithium production when it is actually the product providing "credits" - like tantalum for hard rock) keeps falling in price it will reduce the likelihood of more Brine deposits being developed.

This will in effect mean that more of China's processing power focuses on hard rock as they seek security of supply.

Please note for the above graph you have not provided a cost for this. To upgrade to 99.9% is a massive additional cost above and beyond what is shown in the GXY Feasibility report.

Appreciate the comments - but please re-read my previous posts,
Super Ninja

Expand

ORE's cash costs exclude our potash credits (they are a option two years into production with some additional capex)..

PLS Price at posting: 67.5¢ Sentiment: None Disclosure: Not Held
2 Upvote

Reply

Top Stories

ACW

This biotech stock raised $11M in a risk-off environment. Its Alzheimer's drug could change the game

AXN

Rising demand, China's 'tech war' bans leaves this germanium explorer with significant investment potential

History-making uranium sample grades and an imminent drill run. Infini Resources is poised to transform in 2025

MEI

Sperm tech player Memphasys ships unit to Dubai – but can the stock attract liquidity?

Breaking news: New opportunities for investors & companies - HotCopper opens to capital raising!

There are more pages in this discussion • 99 more messages in this thread...

First 185 Last