OTCQX:NTTHF - Post by User
Comment by
superscepticon Oct 31, 2017 2:38pm
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Post# 26883466
RE:Not for me
RE:Not for me "junior_miner - (10/31/2017 2:05:57 PM) Not for me Too high long term lithium price assumed in PEA, if it goes to $7000/k, IRR does not support building the project anymore. Also I don't think opex will hold. ORE will have $3500/k opex and they don't have to truck the brine."
ORE will die first if Li will go to 7K, then, with ORE gone Li go back to 10-15K.....
ORE would need 2B mine for project like that and (if mine is workable, quarter of them not even after construction) $3500 - is the absolute lowest. Then you will have to truck ore....or you think it converted to Li with miracles.
Pump is cheaper than dig, everywhere.....