GXY 0.00% $5.28 galaxy resources limited

Ann: POSCO Transaction Completed, page-88

  1. 6,209 Posts.
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    Binwood,
    I agree, you didn't say it was 4 x larger, you actually stated: "Wodgina is quite a bit bigger than remaining SDV with a contained resource...."
    I took exception to this comment. Maybe I was being a little too sensitive as my morning started a little rough with some really stupid comments made by other posters.
    I think we are both saying that, in terms of LCE, both SDV and Wodgina are of a similar size albeit one mine is a hard rock mine and the other is brine.
    I also question your premise that the cost of adding incremental production capacity to a brine operation is achieved by simply doubling capex is the right way to go. Have a look at the incremental costs of additional production capacity for SQM and ALB (brine operations) and you will see that there are substantial capex savings with established infrastructure in place.
    Last edited by yanlin: 26/11/18
 
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