Well if you look at the L-Max results and the EMH metallurgy, and that of some other lithium mica explorers, the results are very good. I would rather have a cheap lithium mica stock with the potential of producing at lower costs than a spodumene stock which will always have a high cost of production. Its all about the cost curve, if you are down low on the cost curve you should always make money. I bet most of the iron ore wanna be producers which they were down low on the cost curve.
Ann: Reung Kiet Lithium Project Update, page-5
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