As long as LMAx can produce as envisaged at commercial quantities, we will be the most profitable, with net cost for lithium being nil, after by products.
One phase 1 plant alone will generate $64m profit at today's prices. If the price of lithium halved (unlikely due to exponentail deman expected) we still get $32m from just from one phase 1 plant. Nobody will beat that.
The economics of LMAx made LIT so envious. Count down is probably 550 days.
Ann: Drilling starts at Separation Rapids, page-40
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