One of the greatest risk factors within this project has always been the silica byproduct. That comprises a large proportion of our projected revenue base. The SOP never concerned me and certainly not the caesium or rubidium byproducts. Does anyone think that BG Hydroxide won't be saleable? Didn't think so...
This announcement is all about our less valuable byproducts and any hydroxide produced during optimisation etc that doesn't make it to battery spec. Some Industrial grade at higher throughputs could be a very profitable outcome.
Therefore forming an agreement of intent, even non-binding, for the marketing and sale of our less valuable byproducts is a significant milestone and a box that needs to be checked from a financiers/investor/partner perspective.
I'm very pleased to see some movement on this front...
One of the greatest risk factors within this project has always...
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