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Bullboard - Stock Discussion Forum Millennial Lithium Corp MLNLF

Millennial Lithium Corp is engaged in the business of acquisition, exploration and development of lithium mineral properties. The company's projects include the Pastos Grandes Lithium Project and Cauchari East Lithium Project. It has one operating segment, being the exploration of resource properties.

OTCPK:MLNLF - Post Discussion

Millennial Lithium Corp > Feasibility Study Is out
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Post by tiger6301 on Jul 29, 2019 9:35pm

Feasibility Study Is out

July 29, 2019
  • US$ 1,030 million after-tax NPV at 8% discount rate and IRR of 24.2% for approx. 24,000 TPY production of Battery Grade lithium carbonate (> 99.5% LCE)
  • Total Initial CAPEX estimate of US$ 448.2 million
  • OPEX of US $ 3,388/T battery grade lithium carbonate over the mine life
  • Operation based on proven solar evaporation technology and conventional lithium brine processing
  • Projected production mine life of 40 years
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