A40
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0.00% 8.2¢ alliance mineral assets limited

I was thinking that the conversion ratio needs to be factored in...

  1. HopWrecked
    195 Posts.
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    31/01/19
    12:48
    Post #: 37280258
    I was thinking that the conversion ratio needs to be factored in Linzy.

    2 million in spodumene at an 8:1 ration is going to produce a rough 250,000 lithium salt. If your using an average of 4kg per battery you get 62500 batteries, but I'm not sure where the 4kg comes from, presumably average battery size. I've heard rule of thumb figures of 5% lithium per battery is reasonable.


    A40 Price at posting: 17.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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