I think peoples expectations are too high. I would say more like $850/t. It doesn't matter though. Product is on spec easily now, KB did say they were actually trying to wind back that Li content a little to increase recoveries at Benchmark, throughput is cranking. All of this works to get costs moving in the right direction. We should see cashflow positive by the end of the year in my opinion and then it's onwards and upwards from there.
FID expected over the next few weeks for stage 2 I would say and construction to start by the end of the year too. Game on.
Ann: First Concentrate Shipment - High Quality Confirmed, page-13
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