The PFS is based on Low Pressure Acid Leach(LPAL), the recovery rates and the NPV was not received well by the market.
The current overdue Scoping Study is based High Pressure Acid Leach(HPAL) and further processing to Precursor Cathode Active Material(PCAM).
The capital cost will be 5 times the PFS estimate.
We need to hope the recovery rates for our Cobalt and Nickel used in the study are up in the 90% range to win market acceptance.
Thats my opinion only.
The PFS is based on Low Pressure Acid Leach(LPAL), the recovery...
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