LPD to save EMH from themselves, page-15

The EMH PFS, to me clearly demonstrates the potential of LMax, see below excerpt from the LMax PFS in which phase 1 (all in) production costs of LCE at less than $2k/t. That's a great profit margin.

"The targeted C3 cost ranges above include mining royalties (included in the concentrate purchase price), depreciation and amortisation, Corporate Income Tax (at 25%), and an allowance for Corporate overheads. The taxation schedule allows for the free cash flow from the Project to be allocated to non Project-related Corporate activities for example, exploration and the development of a full-scale L-Max® plant which the Company is planning to implement from 2020, once full cash flow is established from the Phase 1 plant."

Seeing some of the mining CAPEX and OPEX required to get this stuff out of the ground. We're clearly better off just buying the concentrate (as included in above PFS coatings).

As an incentive to do so, we help the likes of Alvarroes and PIO to delineate a suitable feed source for us to purchase. Avalon seem to be right behind it, they're targeting Lepidolite independently.

We get LMax to demonstration phase 1 and this is the best Lithium play in town. I don't believe that to be an exaggeration either. Our margin and risk profile will be killer!

I do have a question @2Chance, what do you think would be the ballpark costs for a Lepidolite concentrator, to be used at these sites in conjunction with their Spod/Petalite concentrators. Our PFS said they were cheaper, but any idea how much so?