Thanks mate for explaining, yes I understand the cost part would be significantly reduced with the Saudi JV, I mean 80% less energy costs alone is mind blowing to me, I was just getting excited as to how the numbers might stack up when an updated DFS and NPV would be released
NASDAQ merger and Saudi hydroxide deal within the next 2 months fingers crossed and then funding from banks within the next 3-4 months and start construction, we could really see the foundations in place to justify getting towards that CXO type cap (AUD~1.8bill) in short term IMO. Long term 2027 I like your numbers, life changing
You are so right with EUR and all these boxes ticked over time, the fact they have the pilot plant for producing their hydroxide IP puts them so far ahead of the pack and they really understand their product which lessens risk, and no doubt BMW were impressed by this when they signed up. I need to re-watch that Zoom fireside chat.
Great post by you as always, really appreciate your efforts!
EUR Price at posting:
9.2¢ Sentiment: Buy Disclosure: Held
