IronRidge Resources (LON:IRR) is analysed by Proactive mining analyst Ryan Long.
Since his last piece on the company, IronRidge Resources has completed its scoping study on the Ewoyaa Lithium Project, located in Ghana.
This study returned robust economics with a post-tax net present value using an 8% discount rate (NPV8) of US$345mln and a post-tax internal rate of return (IRR) of 125%, assuming a conservative spodumene concentrate price of US$650 per tonne (t).
Read Ryan Long' latest update: Ewoyaa Stands out From the Lithium Crowd