Post by
Tcheck on Nov 18, 2019 7:07am
calculating the money we will make
The most recent technical report estimates Whabouchi will have a mine life of 33 years, with total production reaching 6.6 million tonnes of spodumene concentrate to be converted into about 1.1 million tonnes of battery-grade lithium hydroxide and 368,000 tonnes of spodumene concentrate to be sold on the market.
https://investingnews.com/daily/resource-investing/battery-metals-investing/lithium-investing/nemaska-lithium-looking-for-other-financing-options-after-bondholders-withdraw-support/
with lets say 4000 $ profit a tonne for the lithium hydroxide that makes a lot of profit (X 1 000 000 ) profit translates directly in market value and by extension in stockprice .
too much for calgarys calculator i guess .
he is counting his friends on his fingers after all , i heard say .
if half of the costs goes in hydros coffers
thats also whole lot of profit .electricity costs of 2000 / tonne lets say times 1 000 000 ????
2 Bn for the government from the 100 M invested great investment for the taxpayer .
these figures are fictitious ,conservative and an under statement of the reality .
draw your own conclusions
there is enough money for expansion
second mine second plant third plant .all future income for the state of quebec .long term outlook is limitless.
bankruptcy is a myth 25 cents valuation is a joke .
you invest on your own
at your risks and perils
but hopefully without undue interference from calgary and his misguided bad intentioned tweets .
isolate yourself
save energy
we knew that