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12:38
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Originally posted by sowens:
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Oh the other thing I forgot to mention was the cost reduction resulting from the continuous development of Lilac's beads. They have announced a new iteration of their product which should bring the cost of production down. Is it financially unfeasible? I know of other lithium projects say Thacker Pass which have a higher upfront cost. Is it operationally unfeasible? The only arguments I've heard about this was that there are no roads except maybe for the highway that runs through the Kachi tenement, then people said it was unfeasible due to altitude but there are now DLE operations in Argentina operating at higher altitudes and lastly there was they will never run power lines as long as they run power lines here in South Australia to power up large mining projects. If you are going to make claims you must provide some back up detail.
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Lilac didn’t even rate a mention in the Qrtly.
(20min delay)