Im not sure of their ongoing OPEX or CAPEX will be, would need to read last presentation but you can be assured with current lithium carbonate price and the predicted forecast which by Mr Moores could be as high as $40,000 in 2022 then it is not a matter of initial costs but it will be IF the resource as at adequate grades. Ongoing MET tests underway plan drilling results for McD. Personally I hope that Clayton North can be smaller but with potential higher grade. Please read latest presentation. Also listing on US will be a big bonus. Yes lots and lots of potential upside with this one.
Ann: Quarterly Activities & Cashflow Report, page-23
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