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Tantalex Lithium Resources Corporation C.TTX

Alternate Symbol(s):  TTLXF

Tantalex Lithium Resources Corporation is a Canada-based exploration and development stage mining company. The Company is engaged in the acquisition, exploration, development and distribution of lithium, tin, tantalum and other high-tech mineral properties in Africa. It is focused on operating its TiTan tin and tantalum concentrate plant and developing its lithium assets in the prolific Manono area in the Democratic Republic of Congo; The Manono Lithium Tailings Project and the Pegmatite Corridor Exploration Program. The Manono Tailings project covers 105 million mt over 11 dumps, containing Lithium, Tin and Tantalum. The Pegmatite Corridor Exploration project is located southwest of Dathcom Mining with 269 million tons of measured and indicated resources, for which the pegmatite extends throughout its licenses 12447 and 12448.


CSE:TTX - Post by User

Post by EricSnotton Oct 06, 2023 7:30pm
170 Views
Post# 35674132

Hey Dudzmot, it looks like the Manono project is $$ feasbile

Hey Dudzmot, it looks like the Manono project is $$ feasbile

Financial Analysis

An engineering economic model was prepared for the Project to estimate annual cash flows and assess sensitivities to certain economic parameters. The Project shows a pre-tax cumulative net revenue of $1,274M, a pre-tax NPV (10% discount) of $764M, with an IRR of 87.4% on a nominal basis. The project shows a pre-tax NPV (10% discount) of $638M, with an IRR of 82.3% on a real basis.

The cash flow estimate includes only revenue, CAPEX, and OPEX costs. Product transport, marketing and royalties were all included as additional costs within the cash flow model. Corporate obligations, financing costs, and taxes at the corporate level are excluded.

The implementation schedule currently estimates the construction timeline to be from March 2024 to October 2025 across 20 months. Each year contains 10 months of construction; thus the CAPEX is spent by 50% across 2024 and 50% across 2025.

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