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09:26
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Originally posted by bobsacramento
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I think KDR needs to produce before it can talk about costs. It's like putting the cart before the horse so to speak. The reality is that most of the projected lithium costs, will initially be much higher than initial projections, and KDR is not immune to this, even with SQM expertise (they have never mined hard rock before FYI). That and they will only share 50% of the revenues in the long term. But hey, I don't mind being proven wrong, however, every existing producing miner have faced higher costs and have taken years to reach steady state production, before realising lower cost production that managements love to project.
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KDR can replicate if applicable what GXY does.... GXY can be KDR's sandbox?
