Ann: Sal de Vida Development Plan, page-14

First 14 Last

Share
Profile

Follow
col69

15,627 Posts.

5706

14/04/21

09:17

Post #: 52448975
Share

Originally posted by SeeTheWorld ↑

HC just killed me. Went to the trouble of putting together a very good post, hit submit and nothing....... Oh well, here comes a minor version of that. I don't have the time to rewrite eveything I had before.

Anyway congrats holders, we finally made this milestone. Here are some things I like:

- Higher brine grade was not factored into the feasibility study or plant design basis as the data has only recently become available. For clarity, the plant has been designed on an input brine grade of 802 mg/L lithium. Higher brine grade will have a significant positive impact on the Project. Like this is massive, fundamentals are good as is, this makes it even better.

- While the fundamental approach is to replicate Stage 1 with increased wells, pumps, evaporation ponds and plant capacity, it is expected that many synergies will be realised including project delivery and development capital and operating costs. Continuity of people, systems and processes, engineering efficiencies and targeted allocation of contingency are expected. However, the PFS level does not accommodate these expected synergies other than minor indirect cost reductions. Further upside is expected. Again, this is so important. Shows that profits will continue to soar over time.

- This is great and shows that with our savings and cashflow we can build out and throw away the need for a JV partner. As Mt C winds down SDV and JB will come roaring to rife meaning that holders will be enjoying all the benefits. Congrats to all longs:

Expand

HC just killed me. Went to the trouble of putting together a very good post, hit submit and nothing....... Oh well, here comes a minor version of that. I don't have the time to rewrite everything I had before.

As an FYI @SeeTheWorld if that error message comes when you hit Post Message button then hit the back button on the browser and the previous page will retain all you have typed, then copy and paste into a new post - it has happened to me before and this process works (thankfully) ... always enjoy your posts btw so happy to help

Great presentations from the team at GXY today ... impressive one might even say !

GLTAH

GXY Price at posting: $3.26 Sentiment: Buy Disclosure: Held
14 Upvote

0 Great analysis

Reply

Top Stories

88E

HotCopper users smell capital raising as 88 Energy says "significant update" at Phoenix

EXR

Essential Energy conference: Elixir talks up unlocking QLD's Taroom Trough

BPM

BPM Minerals hits high-grade gold at the Claw Project WA; shares jump 86%

HVN

Harvey Norman clocks subdued gains as Echo Law's junk warranty class action kicks off

Essential Energy conference: Streamlining approvals key to the green energy transition