GREY:NMKEF - Post by User
Post by
CanadaCoinon Aug 10, 2019 5:49pm
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Post# 30015108
Increased Production....
Increased Production....Mick, I think I found your 'mis-understanding' and/or 'mis-interpretation'! Or at least I am going to give you the benefit fo the doubt.
In the same Page 406 Cash Flow Statement, NMX is indeed showing some Lithium concentrate purchases for the production of Hydroxide.
BUT these concentrate purchases to increase production over the 'name plate' 37,000 tonnes/annum only take place in the year 2031.
AND, the Hydroxide production only increases by 2,220 tonnes/annum! For a total of 39,000 tonnes/annum, for the balance of the 27 year operation. Nowhere close to your projected 57,000 tonnes of production. Sorry Mick! I have to assume that the Shawinigan plant was indeed sized to suit an increased production, but only by 5%.
But on the upside, you can add about $0.04/share to your 10 year target. :-)