I think there is an understated value to this announcement. The sc concentrate % Is exceptional, which provides a lot more flexibility in how they optimise (and simplify) processing, which is viable from just DMS.
the impact of this will only begin to be realised during PEA and FS results with less capital intensive plant for processing a commercial product, and especially so in what i expect to be an extremely competitive opex which won’t be requiring any additional steps in the process.
this highlights green credentials, low environmental impact, and commercial viability. GT1 is well on track to deliver an extremely competitive project with what I expect to have a compelling financial case for securing full project funding without issue.
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