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15:43
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Originally posted by redned71:
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Unril they finish the scoping study they aren’t allowed to say anything about potential value. ASX rules. CXO got US$960/t for their 1.4% Li recently. We’re a little under that, so let’s take a conservative US$500/t. That’s an in ground value of US$4.3 BILLION.if they can flog enough DSO, that will pay for the plant. No reason they can’t just keep shipping DSO all the way through the plant build. ”
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management should be at least congratulated for being the only lithium company to massively fail in the recent boom.
