Thats what im banking on, they are few steps closer to the...

Thats what im banking on, they are few steps closer to the finish line than other asx juniors and they should be the next ones in production if they manage to secure the rest of the financing. When you look at the financials, 55m usd to get arcadia into production is not much really in the scheme of things........

UPDATED PFS HIGHLIGHTS:
• Increased Ore Reserve of 26.9Mt @ 1.31% Li2O and 128 ppm Ta2O5 Maiden (previously 15.8 Mt @ 1.34% Li2O and 127 ppm Ta2O5). The Ore Reserves support a +20 year mine life.
• Improved ratio of higher value Spodumene to Petalite minerals following delivery of X-ray Diffraction (XRD) sampling programme results.
• Product pricing improvements based on pricing formulae reflecting the long-term Offtake Agreement with Sinomine. FINANCIAL HIGHLIGHTS OF UPDATED PFS MINE PLAN:
• NPV1 (10% Discount Rate, pre Tax) of USD340 Million, IRR1 of 77% and payback of 2 years
• LoM Revenue USD2.6 Billion at a Cash Operating Cost2 of USD287 per tonne concentrate

Then updated again and adjusted after the new sinomine agreement......

• Completion of placement to Sinomine of A$10,000,000 at 6c per share
• Amended US$557 million offtake agreement signed with Sinomine Resource for approx. 70% of Phase 1 production over 7 years1
• Repricing of spodumene and petalite formula resulting in a projected US$61m increase in Project NPV to US$401m
• Sinomine Resource to make an additional US$10,000,000 prepayment under offtake agreement

In addition to this, they are consistently achieving battery grade lithium carbonate, which gives them an edge.

Alot here are talking about the looming election and the potential impacts. IMO, it does not matter which political party win, all will try and encourage investment and the development of their economy. They will not run it as Mugabe did as that would political suicide.

Now which fellow lithium junior is in a more advanced position????????