So True Stock, 38% of the revenue from the phase 1 plant is from...

So True Stock, 38% of the revenue from the phase 1 plant is from products other than Lithium.That is a revenue of about $40m pa from those coproducts and byproducts.

With 70% of the capital cost sourced from debt, the company needs to find another approx $50m from somewhere for capital costs. Well hello, $40m pa revenue from Cs, Rb, SOP and Amorphous Silica before they sell any Lithium.

I am convinced this Phase 1 plant will get FID, I along with most other posters here I wish it would be announced tomorrow!
Sadly it will be by May 2021



gltah