I stated about 3 months ago that the longer this takes, the better because it means that we are looking at taking this deep into stage 3 territory, rather than just stage 1.
JZ has confirmed we are skipping stage 2 at Olacapato, and the concept of a stepped stage 3 is now a the forefront of negotiations. Whether that be 2000t p.a initially or 5000t p.a initially is posssibly still in discussion.
On reading the info going around on twitter and Linkedin yesterday and today, you can deduce that the current pathway for funding is clearly what Jerko believes is the best way to add shareholder value to the company for the long term.
Argosy is a chemical prosessing solution company, that has completely bucked the trend in 2018, while everyone else is worrying about low grade supply, or spodumene filling the stock piles, the company has set about producing a quality product that will save the off take partner $$$$$$ by not requiring extra processing, such as seems to be going on profusely behind battery makers closed doors.
It will take as long as it takes, because it is totally different to any traditional method going around.
Let me ask...... how many $ per tonne are Argosy going to save the battery producers? And how much of this profit are they prepared to hand over in an offtake agreement to ensure quality supply??
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