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clock Created with Sketch. 26/09/19
08:24
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Originally posted by Brumbie:
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"formulate an overall financial plan with various capital raising options including direct equity and debt being considered approvals are expected later this year the Project has come a long way in a relatively short time frame relatively low capital cost estimate and low processing costs reduces commissioning risk relative to some peer spodumene concentrate operations positioned to commence development and construction in 2019 now seeking Authorisation under the Mining Management Act (MMA) Authorisation to be issued in the second half of calendar year 2019 granted first lithium mineral lease (ML) received an Aboriginal Areas Protection Authority (AAPA)Authority Certificate 3-5Mt and 2-3Mt respectively ETRs will be converted to Inferred resources The Company’s objective is to grow the resource base to 20Mt in 2020. received considerable attention from global lithium players strategy to significantly fund a significant component of the capital cost through the application of prepayments and equity with potential offtake partners.
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As well as china, Europe, Korea and Japan, in the chairman’s letter they mention Taiwan. I’m not 100% sure but I think this is the first time Cxo has ever mentioned Taiwan...
(20min delay)