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⋅ ICM - Iconic Minerals Ltd - D1 - 14Nov
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The economic model used in the PEA only covers the first 40 years of production. GRE has the following conclusions from the modelling.
Average annual production of 32.3 million kg (32,300 tonnes) of 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