I agree on those economic studies not standing the test of time. Thacker Pass in 2020 was 3k opex now 7.2k. Also I highly doubt that Anson with similar grade can produce for much less, as of September 2022. Same goes for Grounded, IRR(AT) 48.5%(Phase 1) tapping into the same formation in SK except with 35% lower grades.
Some things in our PFS are already pointing to a conservative approach. Base case 90% recovery. But the pilot plant never dropped below 94% recovery in one whole month of operation.
I'm backing Paul, the team and Saskatchewan to pull it off. The wheels are already in motion.
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I agree on those economic studies not standing the test of time....
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