By way of comparison CleanTeq estimated $900M for their Capex back in Oct ‘16, but that was for a 2.5Mtpa processing plant, while ARL is looking to present a more modular approach. We should know in the next week and half when ARL release the PFS for our Goongarrie Cobalt Project. Interesting that cobalt spot price is now almost 4x the assumed base case price.
Ann: Ardea Presentation - Battery Metals Conference - March 2018, page-66
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