There was a Hydroxide plant built in WA for a quarter billion I think from memory? But it's capacity is significantly more than what were planning on mining per year and if we were to lock in spod for say 1000 USD a ton for 3 years we could afford to build our own one within 3 years, assuming of course that the Feds didn't approve us for a NAIF loan of half just to get us moving faster. They clearly want us to go down this avenue with the 6 million dollar grant for a test plant.
If that did happen, we could see a plant online before our first round of contracts expired and could double to triple our already extremely generous profit margins.
God damn today has been a good day!
CXO Price at posting:
26.5¢ Sentiment: Buy Disclosure: Held
