- 2% of a massive salar is still substantial; 12.000 tpa is on the lower side compared to some others but still very lucrative.
Think of it as a small oil company, they don't all have to be as big as Shell, Aramco to be profitable.
- AGY will have first mover advantage to capitalize on current high lithium prices, hence might soon have cash flow to take over much larger tenements.
- PNN stock just skyrocketed on amongst others their lithium brine blending study with only 60k resource in Rincon, the market clearly thinks otherwise about your scalability issues
- As long as there is demand, there will always be customers which will be happy to get their hands on any battery grade lithium, irrespective of factory output quantity. Same as it works with oil, milk, etc.
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