From the announcement:
"As such, we are targeting completion of Stage 1 processing test-works and LCE product delivery by the end of May, and become the next ASX-listed LCE producer"
Basically we are expecting to be the next Battery Grade lithium producer in a couple of weeks, which would in-turn require 'outstanding laboratory results' of above 99.5%.
You're correct, we don't know exactly what they will be - but I wouldn't say our ideas are foggy. Pablo HAS already produced battery grade before - from RINCON. If I was an investing man (which I obviously am), I'd say that the likelihood of achieving BG is higher for Pablo and AGY than the likelihood of missing the mark. ESPECIALLY considering they just announced that they are currently in the act of taking up the options of buying more land AND finding potential customers for Stage 1 & 2 offtakes. Management are looking to the future and spending money based on reaching 99.5% purity. They would already have a great understanding of whether or not that were going to make BG.
All IMHO. Good luck to all holders - it's just a matter of waiting it out now.
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