Do we have an update on when we would start to produce Urea?
The July 2021 presentation indicates the FEED and BFS are progressing with the Preliminary BFS report to support funding being available in December Quarter and final report to support FID in September 2022.
Little is written about the timeline after that, however the MST Access - LCK update report - 2Jul21 states “ LCK is in the early stages of project execution and thus has a number of milestones to meet before first urea is sold into the market in 2025” Their cash flows also indicate the capital expenditure ramping up in 2024 with a $1.17bn spend after just $11m in 2023.
Does anyone have any details to help build a better timeline?
The writing was always on the wall, page-8
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