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clock Created with Sketch. 28/09/22
09:11
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Originally posted by 4hrworkweek:
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So they have to share 20% with co-owner. Is that before or after Traxys takes their cut? Then assuming there's a huge debt to pay off because by that point they'll have received funding because they'll need to be operational. How long does that take to get paid off? Doesn't transport still need to be determined. I think I read they were planning green hydrogen haulage as a cheaper means for transportation? Correct me if I'm wrong. A lot of ducks have to line up even with funding. Also is this graph taking into consideration fuel prices now and inflation happening right now. I actually recon they need to update graph and details this because governments will need bring down inflation and fuel prices I actually think there's a chance that fuel prices will go higher now and then over time reduce...They also need to reduce the cost of EVs in general to forced the majority of the population to take up evs. Try get a 4wd or a ute.. diesel/petrol there's a 12 month wait list on a bunch of different brands. Are people here in Oz just going to trade in their $60 000 (average price) work Utes & toys? That issue isn't just a LPD one but one many will face. If they can't get price of lithium down EV prices will remain high and uptake will remain slow unless governments throw in more incentives. If governments have built infrastructure for Green hydrogen and that brings in revenue even though the tech may not be as amazing maybe lithium maybe the pressure to use that fuel alternative will also come into play. LPD is trying to get US DFC funding. Projects here in OZ already have Australian government funding and buying in places like Japan to name but one.
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Traxys will get a commission of the LCE sold, not ore. That 20% is of the ore cost, and being reasonably low-grade mica wouldn't be overly pricey.
(20min delay)