Why is the recovery clause in the agreement? Who put that clause in the agreement? Was it Lilac?
Just imagine.....The resource dropped from 285mg/L to 212mg/L on "expansion" What will the final figure end up coming to?
You realise all these items of brine grade dropping, and recoveries dropping lead to 1 thing.....more CAPEX/OPEX. You do understand this right?
Add to the mix the fact the company has failed miserably to notify the market why the pilot has taken so long to hit its target of 2500kg equivalent, and its no wonder the SP has tanked.
ps. Do you have an estimate of recovery from chloride to carbonate?
Ann: Achievement of Major Milestone for Project Kachi, page-57
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