Bad decision.
Why? Don't know. Engineers sometimes look after their own interests above their clients.
I think that the decision needs to be reviewed.
Where we went from, was from Miro's post:
Total Mining Cost:
Reviewed scoping study: from 90 to 52
PFS: 70.3
FECAB:
Reviewed scoping study: not mentioned, 72 in Presentation 2015
PFS: 104.9
Lithium Carbonate Plant:
Reviewed scoping study: from 164 to 117
PFS: 179.9 millions
Total capital cost:
Expected based on reviewed scoping study: 241
Scoping study: 326
PFS: 393.4
So from September last year, in 6 months, the CapEx went through the roof, the OpEx went through the roof, the Recovery dropped and the by-product credits dropped.
And we got a couple of lines in the PFS about why and some contradictory information from the Czech director.
A couple of sentences in a prearranged and prequestioned interview over skype doesn't cut it.
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