Ann: $30M Placement to Fund 2,000tpa Production, page-104

Speaking of management.... DYOR into their MD and previous disaster at IDC.
I was unfortunately sucked into that pipe dream with claims of bonanza gold zones etc etc as well as progress claims that turned out to be nothing but.
DYOR and beware the slick dogs who shuffle across commodities merely chasing the hot $ and claiming to be experts.

At least with AGY we have a seasoned pro in charge of processing, who has decades in the industry with VERY significant and relevant expertise directly in Li brine processing.
Do you think Pablo is not aware of the “new” direct extraction processes? Of course he is.
Now I’m no expert on them but afaik they typically use considerably more energy and water. This was confirmed by GXY in their fairly recent assessment trying to firm up a process flowsheet for SDV:




Now, this doesn’t mean there haven’t been recent advancements etc but as with any of these purported game-changing technologies (be it with Li processing or batteries etc), it is the PROOF that they are viable at commercial scale that is absolutely KEY. I’m personally sick and tired of hearing about new breakthroughs “about to revolutionise the industry” despite them being not much more than benchtop proof-of-concept systems. Imo more often that not, they are miles away from a commercially viable and scalable solution.

Just imo
Good luck



Not advice
DYOR