Lincoln Minerals Limited (AU:LML) has released an update.
Lincoln Minerals Limited has unveiled a promising Pre-Feasibility Study for its Kookaburra Graphite Project in South Australia, aiming to become a key player in the graphite market following the closure of the Uley Mine. With strong project economics, the study outlines a low-capital, two-stage development strategy, highlighting a pre-tax NPV of A$114 million and a pre-tax IRR of 41%. The project targets the non-Chinese market, leveraging competitive advantages such as existing mining leases and low operating costs.
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