ASX Today, page-42864

Firstly it's based on the design of the plant. It's designed to produce 6% and plus. That's what the WOF design process will give you with that high quality ore. We can't even produce less than 6% when our high quality feedstock completes the WOF process circuit.

Very extensive test work has been done for seeing the WOF process with our ore. It was continuously producing min 6% spod during the tests. (See DFS notes) .It'd be possible to get lower grade spod if we have had a DMS circuit which we don't have.

Secondly my understanding is also based on the talks and info circulating between the industry professionals involving these type of process plants. Did you know even people from PLS ranks admire LTR's WOF process plant. I've heard they say LTR's process plant is much modern and much higher level than theirs. So they are also talking about using WOF process. (Good luck to them with that ore). Everyone knows all these things in the industry.