"Orocobre has set two tentative timelines. The first is the coming nine-month horizon in which it would like to arrange Olaroz financing, offtake, and state project approval, as well as conduct additional engineering work and mine implementation planning. The second is a 15-month construction period. The two timelines, however, are not mutually exclusive, as Orocobre Chairman James Calaway notes there could be overlap between the two depending on how things go."
Well I guess that answers that question. It would be very nice to see a substantial overlap between these two timelines. For that to happen government approval must be a priority!
ORE Price at posting:
$2.51 Sentiment: LT Buy Disclosure: Held
