Labour and cost isnt going to get cheaper any time soon.
I suspect Kal east construction numbers didnt stack up to a quick pay back period. So moth ball that. Start exploring some where with infrastructure already there. Unfortunately the labour to restart these new mines will be equally as expensive.
Are management good? Yes i think so. Most managment would have just dropped the blown out time line and started looking at lithium outcrops in south america some where. At least we got some good news with the shit.
how ever these new mines are an uncertainty. Drilling costs are through the roof, labs are still backed up. This will be another 3 years till maybe producing
Labour and cost isnt going to get cheaper any time soon. I...
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