2400T production forecast for the March quarter. That would put February/March at an average of 850T/month, 10,200T annualised. Nameplate only 600T/m off from that point and 6 months to hit it from August to end September. 100T increase per month, I'm thinking that is a nice round number
Looking at the potential funding for stage 2, did Toyota tsusho's original 25% purchase only entitle them to stage 1 production, or would it also include equal ownership of stage 2? From memory they paid about $115m or so for their 25% (might be off a bit here). I think it was indicated that that capex required to double nameplate would be around $140m. I wonder what avenue Orocobre will take. Maybe another major player can buy a stake here. I propose $140m for 10%. Now that would be good! haha.
Yeatesy.
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