Plateau Energy Metals Inc. PLUUF

look at LAC Feasibility study ... huge.. PLU has a similar..

[kkkrrr]

deposit..... Highlights: Large-scale lithium project in Northern Nevada. PFS demonstrates production of 60,000 tpa of battery-grade lithium carbonate (Li2CO3) to be developed in two phases. 46-year mine life from low strip open-pit mine. Open-pit mine plan with proven and probable reserves of 3.1 million tonnes of lithium carbonate equivalent (LCE) at a grade of 3,283 ppm Li supporting a mine life of 46 years and a low strip ratio of 1.6:1 waste-to-ore. Collaborated with Ganfeng Lithium to develop and test process flowsheet. Flowsheet developed and tested with support from Ganfeng Lithiums technical team and facilities to produce Li2CO3 from lithium-bearing claystone at an average recovery rate of 83% using conventional sulfuric acid leaching. Positioned at low end of the cost curve. Average life of mine (LOM) operating costs of $2,570/t of Li2CO3, net credits from sulfuric acid and electricity sales. Average LOM all-in sustaining costs, including royalties and sustaining capital costs, of $3,043/t of Li2CO3. Phase 1 capex of $581 million. Initial capital cost, including a 19% contingency, estimated at $581 million for Phase 1, and $478 million for Phase 2. At a price of $12,000/t for battery-grade Li2CO3, cashflow from Phase 1 production is forecast to fully-fund Phase 2 capital costs. After-tax IRR of 29.3% at $12,000/t Li2CO3. Average annual EBITDA of $520 million ($246 million Phase 1), after-tax NPV of $2.6 billion (at an 8% discount rate) and after-tax IRR of 29.3% assuming a price of $12,000/t for battery-grade Li2CO3.