Questions and answersI asked questions to Talison which I thought to share with you.
Q: How large reserves of lithium think you have on your land?
A: We have 10 mt graded 3.9% lithia in reserve and 22.5mt graded 3.7 in the measured and indicated. Additional drilling is ongoing and will increase the resources at the Greenbushes/Australia project. This does not include the brine
Q: Do you have a timetable for how long the assets are left?
A:On reserve (above) 12 years, on measured and indicated it is 23 years. this does not include the additional drilling or the brine lake project in Chile.
Q: What do you think about the chance to find more time in the future?
A: We are already extending the resource by drilling as described above. We start drilling in about a week in Chile so that will also help.
Q: What are your growth targets over the next few years?
A: We expect to double our prodcution ion the next 15 months or so with the help of the recent financing. Approx 100,000 tpy lithium carbnonate equivalent from our currently announced run rate of 50ktpa.
Q: How great is the production cost of one tonne of lithium?
A: In very rough terms as we produce several types and grades of concentrate, and from a lCE equivalent basis we produce for approximately $1500 US/t and again rough sell to the chinese converters for about $2500 for approx 60% margin.
Hope this is useful for some of you!
Sincerely!
Iscariah