Ann: Goulamina - Progressing a World Class Lithium Project, page-152

@ozblue system won't allow me to reply to your post..

I'd expect the US$6m drilling expenses to be shared by Ganfeng & FFX (50/50). That's spread over 2 years, at the most only 6 months under FFX ownership when our 50% transfers to LLL whereby they'd be liable for their share of the drilling. (say $2.5m over 2 years)

Agree entirely capital costs have increased greatly since the DFS was done. Africa doesn't have the labour shortages we have here in Aust so it will mainly be the capital items such as crushers etc that cost more.

Designing the plant around stage 2 expansion I don't think will add a significant cost. Most of it is just the design to allow expansion with some items such as the stronger conveyors, larger distribution bin costing more. I think when we see the updated DFS next month, the extra capex will appear insignificant compared to the increased NPV, EBITDA etc.