Ann: Rincon Lithium Project - EIA Approval Granted, page-57

Yeah, it is awesome, but this approval has been touted as the one that will derisk and unlock the whole development.

I just refreshed my screen, it is still at $0.14c.

Let's see where it ends up today, in the absence of more news like an off take or funding partner. And then let's see where it is next week.

I say this because we know the process is still months away at a minimum from being of a commercial quantity, or continuous state.

And let me be clear here, commercial quantity is NOW 12,000TPA / 52 weeks, or 230 tonnes per week.

And continuous production is the ability to produce 230+ tonnes per week, every week, and I say "230+" because there will need to be downtime for things like maintenance and other potential outages.

As per the company announcement, they have produced a total of 81T in the entirety of scaling the process that has been ongoing for over a year.