So, I've been thinking. Pilot scoped down to carbonate, limiting the so-called-DFS to carbonate.
It's pretty useless, unless you know you're aiming for carbonate production. The figures in there are the basis for FID and financing, so go figure. You're not going to get money to build a hydroxide flowsheet based on that. So I think the primary offtake partner(s) we're looking at want carbonate and pretty much all we can produce at the beginning. Hopefully Tesla LFP. Not ideal, not terribl
This would allow for the hydroxide study to be delayed and go in parallel with the so called increased production study and updated DFS also mentioned in the latest interview. So it's possible that hydroxide is the target for whatever increase we can make in a possible phase 2.
What else can it be? (Beyond of course KC getting desperate to report anything incremental, even if pointless.)
EMH Price at posting:
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