Hey @Welsho54 Thank you for the question. A challenge is always...

Hey @Welsho54

Thank you for the question. A challenge is always welcome. However,

Nowhere in my post did I claim that Sileach, in its 15 months of existence is or will be economical. I only stated that Sileach can produce lithium carbonate from low-grade feed that may not be economical under traditional methods. This was based on the processing information on lithium concentrate from Pilbara Mineral's Pilgangoora deposit. For reference, Mt. Cattlin circuit (GXY) produces on average 5.8% Li20.

"The concentrate grades processed were intentionally selected to have a grade lower than commercial concentrate grades, in this case, 3.4% Li2O to demonstrate the flexibility of Sileach™ in processing a wide range of materials" - LIT Ann. 11th May 2017.

I think we can conclude that if any company tried to sell 3.4% to Ganfeng or Panasonic, it wouldn't be very profitable for them. Concentrator construction and other capex are all very very very expensive.

Yet, this does not mean I claim, or can provide material evidence for, it being commercially viable to process with Sileach. As with many technology (and biotech) companies, it is often a gamble until a definitive result is out and revenue is recognized. Orocobre's brine process failed, but Pure Energy's seems to be working. The risk is amplified the earlier a project is in it's development. I think shareholders know that (hopefully) and I suspect many insights and quantitative data will be revealed soon by CPC with the Large Scale Pilot Plant study (Ann. 9th May 2017) and associated releases in the weeks to come:

"engineering design study ... deliverables included, capital cost estimates, operating cost estimates and comparative logistic costs for a number of Western Australian and overseas sites" - Ann 9th May 2017

Once that gets completed and released I think we should be able to see some of the economics behind SiLeach.

I hope this clears some of the things up from my previous post.
Hey