I'd be guessing if I tried to work out costs so I'm not really sure
We will have to wait for a PFS to give us an indication
Biggest expense will be power and of course there is a big CAPEX involved
But with China producing 90% of the world's EMM and mega steel companies in Japan and Sth Korea needing it for specialist steel applications ... maybe they'll pay for the CAPEX to guarantee non Chinese supply for the next century
Who knows how this will roll out
It helps that the project is in WA and has the Great Northern Highway running through it
I look at Pilbara Mines with their Pilgangoora Lithium project in WA
They were at a $200m market cap in 2015 when lithium was just beginning to be understood by the market
It hit about $7 billion mkt cap just last week
We will hopefully head in the same direction
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