1MC 9.68% 2.8¢ morella corporation limited

Ann: Pilgangoora Lithium Mineral Resource and Ore Reserve Update, page-57

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  1. 7,323 Posts.
    lightbulb Created with Sketch. 2283
    Great announcement today; weird thread though...

    Personally, I would like this to be the catalyst for a larger plant. Shift as much product as early as possible. I am unsure on the flexibility we have regarding plant size taking into account long lead time items.

    Alternatively, there may be a strategy to have a phased approach. As in, get the initial plant up and running asap and then expand as we generate cash flows.

    Interestingly enough Page 32, Infrastructure:
    "Water requirements for processing can be serviced from the total implied water resources within the mine area, as per the license application, of 32 L/s."

    From previous posts this indicates a possible plant increase to nearly 2Mtpa.
 
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