From only 9m down. As expected this is not a monster in terms of other Li deposits. But it never had to be. It's cheap to recover at an existing mine site and enough to feed our first child for 10 years, very cheaply.
Strategically, what this does is help our ability to negotiate longer term supplies at the best price. As we are not reliant upon the feed from an external supplier.
Ticks all the boxes it needed to and further de risks our prospects.
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- Ann: Inaugural Alvarroes Mineral Resource Estimate
Ann: Inaugural Alvarroes Mineral Resource Estimate, page-13
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