Ann: Clean TeQ Sunrise Definitive Feasibility Study completed, page-405

5th Gen Tech was considered unviable for this project of this scale both from a capex and moreso an opex perspective.  

ARL who use a $41.63 Co price and a $8.84 Ni was THE warning bell that 5th Gen is cost inhibitive.  ARL;



Now feed AUZ lower grades into ARL’s metrics above and you begin to understand why Friedland vended this project into Clean Teq.

CLQ Sunrise is world class not only from an enviable low cost perspective being in the lowest of the lowest quartile, but profits that make PLS IGO and OZL (companies I rate very highly) look small.