Boardwalk PEA: $2.30B NPV Over a 20-Year Mine Life
LithiumBank Resources Corp.'s Boardwalk in Alberta, Canada has a Preliminary Economic Assessment (PEA) outlining an after-tax NPV of $2.30B. The mine plan runs 20 years at about 34005 tpa LCE per year.
LithiumBank Resources Corp.'s Boardwalk has reported Preliminary Economic Assessment (PEA) results for the lithium project in Alberta, Canada. The study headlines an after-tax net present value of $2.30B at a 8% discount rate. It reflects LithiumBank Resources Corp.'s (LBNK.V) latest disclosed economics for the asset.
Economics. The after-tax NPV is $2.30B using a 8% discount rate. The study models a payback period of 3.5 years. All-in sustaining costs are pegged at 4588 USD/t.
Production and mine plan. The project envisions a brine extraction operation. Life of mine is 20 years. Average annual production is approximately 34005 tpa LCE. Average head grade is 81.6 mg/L Li (M&I weighted average). Metallurgical recovery averages 95%.
Resources and ownership. Mineral resources: 1.7 Mt LCE Measured @ 81.2 mg/L Li; 3.5 Mt LCE Indicated @ 81.8 mg/L Li; 2.8 Mt LCE Inferred @ 79.0 mg/L Li. The company holds a 100% interest in the project. Royalties and streams: DA with SLB includes DLE royalty-base, binding licensing terms.
These figures are extracted from LithiumBank Resources Corp.'s technical disclosures and reflect the most recent PEA on file. Compare this project against other developers and producers in our project economics database, and always verify the numbers against the original technical report before making any investment decision.
Our Analysis
- NPV after-tax
- $2.30B
- Payback
- 3.5yrs
- Mine life
- 20yrs
Its after-tax NPV is well above the company's market capitalisation (roughly 98.6x, on a currency-adjusted basis) — a wide gap that can flag value the market hasn't yet priced — though dilution, financing and permitting risk usually explain part of it. A modelled payback of 3.5 years is moderate for a project of this type.
Our take, benchmarked against the project economics in the Mining Stocks database. Figures are estimates drawn from company technical reports — not investment advice; always verify against the source filing.