Critical Elements Lithium Corp V.CRE

Question

[Mononcle025]

What is the spodumene price CRE took in their faisability study ? 

I'm asking because there was a news in LaPresse talking about the major price drop last year. 

In one year, spodumene prices collapsed. The tonne, which trades at around US$975, was worth US$7,640 in January 2023. This plunge is notably attributable to what is happening in China – the market where we find the largest number of electric vehicles.
 

At the North America Lithium complex – owned by Sayona (75%) and Piedmont Lithium (25%) – we are way off the mark when it comes to prices. According to a feasibility study released last April, the promoters were counting on an average price of US$1,352 per tonne over the life of the mine (20 years). The shortfall is around 30%.

thanks 

 

[monkeyhere171]

I'll promote my post, as I got tired of repeating myself.. plus a reminder that I already b*ched about the increase in the SC price used  :) The answer you are looking is there Link to older post