In relation toRupel question,I understand its around 90 kilometres to POS and cost is around $10 per ton to cart,but big advantage will be they can begin mining fairly quickly as to build a new plant on site would take 2 years for new plant to be up and running.Cost to KDR around 6m/yr,option expires end of August.They more than likely will slowly build plant on site once they get some funds under their belt with a contact to supply,no doubt then they could have both plants going .They will need to hit the lithium market whilst price is high!!!
KDR Price at posting:
58.0¢ Sentiment: Buy Disclosure: Held