Long story short, with Greenbushes expanding massively and pulling an Ore 5 x higher grade than Cinovek out of the ground. We need something better than a roast. That's how they do it, this Sulphate roast (cheers for the correction lads)is just a tweaked up version.
If the costs in the PFS are any higher than $1000t inc Tin/Tungsten credits, I'll be asking why?
I think the answer will end up being that Cinovek and Bacanora are being dressed up for sale and REM realise their profits.
If we are serious about being a competitive producer, the only option is LMax IMO.
$800t and we're in business.
PFS, page-20
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