Correct.
To think, the company estimated USD $25M for wells. LOL. They seriously had ZERO clue Steve+Stu.
So approx 50 wells + 70 reinjection wells, and that is only for phase 1. Phase 2 would then be that number again. Kachi will turn into swiss cheese.
Lets make no mistake about this announcement. They have been doing well+ reinjection tests since Jan, and they have only managed 0.1% of the brine required for phase 1. Shows just how small the numbers these guys are trialling. Bit like the pilot plant run. Ran for 6.5 months and only produced the amount of chloride that should have been produced in 1 month.
The scale of the works performed thus far are Tiny.
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