By studying the company's 2019 FS, I found the original...

By studying the company's 2019 FS, I found the original projected quantities are over 50000 ton nickel sulphate and 8500 ton cobalt sulphate per annum to make a 18 year mine life, together with an average annual EBITDA of $295 million.

The new LG offtake agreement shows 71000 tons and 7000 tons for a initial term of 6 years, with more than 10000 ton and 1000 ton MHP per year. In this light, the whole metrics have been changed including yearly costs, revenues and profits.

In this light, we actually need the company to produce a new FS to learn about the project's bankable feasibility, based on the much smaller quantity to be demanded by LG per year (versus the company's 2019 FS projections) . Alternatively, is LG's annual demand is sufficient enough for the company to come out with a new bankable FS at this stage? or the company is still in the process of inking some more offtake agreements for the financing and development of the sconi project to come true? or the LG offtake agreement alone is bankable?

I am still new to this project and unprofessional, and just raise some questions for consideration.