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Ann: Refinery PFS and updated Mine & Concentrator Scoping Study, page-61

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crustymagyver

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23/10/18

00:49

Post #: 36217805
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Originally posted by Schneemann99 ↑

Originally posted by wombat777
Seems they have a bit of work to do to complete large scale test work:

Covalent Lithium has done extensive metallurgical testwork and expects to achieve a concentrate grade of >5.5% Li2Oat Mt Holland. Testwork is continuing to optimise and improve results; for the purposes of the PFS and defining an economic outcome, Hatch has assumed a concentrate grade of 6.2% Li2O.

"Expects" to achieve greater than 5.5%. I'm surprised test work for the concentrator plant is not further advanced and reported/completed. Any insights on why?
https://www.********.au/2018/10/22/...ltd-asxkdr-surges-10-higher-on-study-results/

Australian stock-picker just issued a “Double Down” buy alert to his exclusive group of insiders… and why he’s convinced this might be the single most attractive entry point for years to come.
According to the release, the studies confirm that the integrated project being developed by Kidman and joint venture partner Sociedad Quimica y Minera de Chile has a compelling business case with attractive economics.

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He s Double Down is on some tech stock he will tell you about if you sign up. He is positive on Kidman but says stay away until wardens issue is over. I'm sure a few other instos are cooling their heels as well waiting for it to finalise.

KDR Price at posting: $1.08 Sentiment: Hold Disclosure: Held
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Ann: Refinery PFS and updated Mine & Concentrator Scoping Study, page-61

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