The location part of this really needs to be emphasised here
The fact that LPI were able to achieve A$202/T for their project in quite possibly the worst location to have a lithium project given the push for nationalisation of lithium and the stranglehold the government has over it gives a project like Phoenix ample chance of achieving a much higher result on an A$/T per LCE basis
We are expecting to land somewhere between the A$250/T-$300/T range on a 12.4MT resource in prime real estate. It almost seems the range we’ve been for Phoenix seems a little too low on a comparative basis (not that I’d be complaining given our initial entry) even given all things considered such as how early stage we are etc
It wouldn’t surprise me if we exceed those initial expectations given in the last webinar which, mind you, was nearly 5 months ago now.
