Post by
supersceptic on Aug 23, 2019 10:16am
If you feeling down
due to latest lows. Re-read news release June, 2019.
We have little idea how much more resources NLC has. It is likely that company can pump 1000+mg average at 20K for 20 years and have 11Kmg of K as a subproduct (per unapdated PFS "only" 10)
It is second only to SQM and there is no other new miner, developer, or exporer that can boast such grades with this quantity, SQM has more impurities.
That is where 18 month of payback time come from.
Comment by
RuudinFrance on Aug 23, 2019 2:21pm
SS, isn't that 20 months? 1 yr and 8 months, per MD&A as off 31-03-2019. But, when you're right and they can produce long time from high grade deposit, it may well be 18 months. Have fun.
Comment by
LithiumNPV on Aug 24, 2019 3:41am
The problem is LCE is going to put some companies out of business because it will drop down below $5,000/tonne. After processing from carbonate to hydroxide there is no profit to be had.
Comment by
supersceptic on Aug 26, 2019 11:17am
My bad 20 month. With present prices might be 3 - 4 years. 4 years considered to be robust performance by any standards. If NLC can be superprofitable in this environment, than economic risks are very, very low. NLC needs couple of boosts to take off.
Comment by
LithiumNPV on Aug 24, 2019 3:33am
The problem is there are over 100 lithium miners/explorers. No wonder why oversupply is a problem.