Bonnie Claire PEA ReleasedThe PEA has just been released. Looks good. The economics work for this project. USD1.5 billion NPV.
Results for the Project are:
• Average annual production of 32.3 million kilograms (kg) (or 32,300 tonnes) of lithium carbonate equivalent (LCE)
• Cash operating cost of $5,974/tonne LCE
• All-in sustaining cost of $6,057/tonne LCE
• A $1.5 billion after-tax Net Present Value (NPV) at an 8% discount rate
• A 23.8% after-tax Internal Rate of Return (IRR)
• Payback period of 6.7 years
• Break-even price (0% IRR) of $6,545/tonne LCE
Here is the link:
Preliminary Economic Assessment NI 43-101 Technical Report (iconicminerals.com)