i think once BLM approve extra drilling it 20-25c
once significant resource upgrade announced it 45c
once test pilot plant proves it viable its 60c
once application to mine approved it $1 plus
now in between all these time.... all those share options will get taken up giving more cash to company...,less outlay in expenditure in most parts due to gold being spun off....more usa govt rebates to help setting up mine/plant facilities.
but yeah once approval to drill done thats step one & resource upgrade confirms grade/deposit size & pilot plant shows it viable then approval to mine/build plant done.
i dont think it will cost that much for plant once govt subsidies kick in & you might find that other companies that we get contracts to supply lithium might help fund plant to secure longer term lithium contracts.
there will be no issue getting funding for plant in any case.
no idea what costing is on project but digging up lithium costs nothing...main cost will be acid used to leech.
if they do acid plant theyve said it wont cost them anything in electricity once built & excess electricity sold to grid.
excess acid resold to companies
potential that lithium never leaves arizona so transport costs less there too.
all just a matter of time
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