If Li prices soared back to previous highs then is a small chance for some conceptual DSO open pitable mining but that part of the resource is tiny and would not justify the costs to develop and transport that tonnage. It is hard to image this ever happening and if it did you can guarantee LPM will be lucky to cover costs. UG mining of Lei is a pipe dream.
Management should put out some financials if they think this can be done. In fact I think the entire resource should be downgraded with a much higher cut-off grade.
DYOR
Ann: MOU executed with Canmax for Spodumene offtake from LEI Proj, page-20
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