ICM - Iconic Minerals Ltd - D1 - 14Nov

ICM - Iconic Minerals Ltd - D1 - 14Nov

Last news :
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