Ugh. We are not comparing companies at different stages of their current process. It's a fools hardy comparison but doesn't provide true evaluation of the project at this juncture. They are targeting start of production in possibly start of 2019
if everything goes well. One year later than TAW. Ever wondered how much can change in a year?
Also, people have heard more of KDR than they have on TAW.
See the picture below. Notice anything missing?
That's right. TAW is not even mentioned here. And that announced capacity? Guess what? We are aiming for an upgrade
after we are revenue generating and producing LCE. That's right.
Everyone seems content comparing resource when it is clear as day that the key is to get into production and monetize this. There's enough Lithium in Bald Hill alone for us to extract at this juncture with the target of 2MTpa. The management's strategy is succinct.
"Get to production asap, and we will use that cash flow to continuously expand on our resource."
That's why our comparison is always against the near term producers. No point bringing up the likes of KDR, BGS in this conversation. Lest you want the guys from AVZ coming in and telling us what they have in their grounds. Fools hardy comparison.
