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Atlantic Lithium tables Ewoyaa DFS with 19-month payback period

Atlantic Lithium tables Ewoyaa DFS with 19-month payback period

Atlantic Lithium Limited (AIM:ALL, OTCQX:ALLIF, ASX:A11) CEO Keith Muller tells Proactive a definitive feasibility study for the Ewoyaa Project in Ghana confirms its status as a world-class hard rock lithium development. The study anticipates a 19-month payback period and forecasts US$6.6 billion in life-of-mine revenues. It also attributes an after-tax net present value of US$1.5 billion and a 105% rate of return over a 12-year mine life. While capex estimations have risen to US$185 million, Muller argues these costs remain modest against a 35% jump in throughput calculations.

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