WR1 General Discussion, page-26526

yeah it reinforces what great value WR1 is right now. Offtake partners / downstream strategics are clearly desperate for spod in North America. Both FL and CRE (which is further advanced) are high capex for low production. PMET is a year or two behind WR1 due to permitting complexities. So WR1 is next in line for a deal. CE has repeatedly stated that they're knocking back continual approaches from strategics to secure offtake.

We can look at AKE James Bay for an idea about capex and opex for DMS-only + low strip ratio + hydro power. The numbers are pretty good. WR1 I think will be producing more spod than FL or CRE and with significantly lower capex. Tbh though I'm still thinking about that unused 2.5mtpa DMS capacity down at the old diamond mine. How crazy would it be to truck the ore down there from Adina, once the road is built? I have no idea how much extra opex for that transport. Quebec govt could do toll processing.