Clay is turning out to be enormous capex also, as more...

Clay is turning out to be enormous capex also, as more definitive studies roll out. All those early PEA's were way off the mark.

Check out this report: https://www.bleeckerstreetresearch.com/research/lac

And you can read Joe Lowry's counter here: https://www.globallithium.net/s/LAC-May-23-2024-rev2.pdf

I just don't get why you would spend a dollar at Big Sandy if it costs twice as much to produce there.

But the alternative Brett talked about last year could be a game changer for clay.



18:34 it's this stage we're basing on the design off using sulfuric acid however there are alternatives to
18:40 sulfuric acid that are showing promise to us that are significantly less money than building a 300 million dollar
18:47 sulfuric acid plant so we're pursuing that work here at the at the research center I can't talk much about it now
18:54 but as we as we develop um the the technology certainly they'll
19:00 be press releases and stuff like that as we get going but I really can't talk much about those Alternatives right now
19:06 they also do involve a partner that we're working with so we've got disclosure rules there as well but um
19:12 something very important we're working on are the Alternatives of sulfuric acid so here's our ore we have sulfuric acid