feas confirms its a goer, page-21

The GXY pre-feas meets the upper end of that StateOne research report's valuations for the 1Mtpa case study. But like I've said elsewhere, 1Mtpa might be a little optimistic of a resource/reserve conversion for the current resource once that 3:1 strip ratio kicks in.

The pre-feasibility study is also very much lacking any financial assumptions or conclusions for that matter and no NPV is stated...so it's a little odd.

I haven't heard of this Barrier Mining Services, can't find their website...hmm. So, I'm not sure about the real NPV but I think that if they can produce spodumene for $280/t and sell it for $500/t it basically says it's profitable at 1Mtpa.