RE:RE:RE:RE:Why would CYP go with 15 000 tons per day Tinytot
Capitol costs you are always a question but for argument sake lets look at a capitol cost of 250 million. Is that big enough for you ?
Year one startup and beginng of operation with gradual buildup and ironing out the rinkles Resulting of 7500 tonnes per day average
7500 t/d @ 900 ppm x 300 days per year = approx. 2000 t/ of Li yr or over 10,000 ton Li carbonate at $16000 ton =$160,000,000 of which 90,000,000 goes to repay Capitol cost .
Year two now in full swing..15,000 t/d x 900 ppm x 300 days= over 4000 tone LI or over 20,000 ton of Li Carbonate @ 16,000 /ton =$ 320,000,000 of which $160,000,000 goes toward original Capitol cost and reduction of same.
650,000,000
So Tinytot ...that what are the shares worth now in this forward thought process.
A couple of dollars per share X ???? .. x factor of say ..6 or 12.00 dollars
Remember this is just a picture for the time being.. I am definitly a long shareholder ..
And I remember too, that this ore is almost 50 percent richer in value then the largest open pit gold mines here in Canada are mining today and we do not have to move towns. nor drill and blast , nor remove 3 times as much rock called overburden.
P.S I act as a consultant and move mining equipment and have done so for 20 years.
Yes .. and lots of it goes to the same gold mines