Thanks and a quick check and taken directly from your PFS (page 13), and not surprised as said as such on here:
Note the words, mining higher grade ore. Producing over 6% grade spodumene is a function of cost and recovery and revenue benefit. I suspect anything grading below 1.5% Li20 yes you can produce 6.5% Li20 but the recovery rate would be reduced or cost is higher meaning you are better of producing 6% grade Li20 revenue wise. When you have sections grading above 1.5% Li20 or more, i.e. not sure the exact cross over point here, suspect you are far better off revenue wise producing well above 6.5% Li20, despite potentially a (slightly) higher cost or lower recovery rate.
The point is configuration and what you produce is a function of cost, recovery and revenue benefit and they are not a linear function. And grade of ore the key. Anyway, enough from me today.
All IMO
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