Originally the recovery was advertised as 80-90%. The PFS was 83%. Recent announcements stated 76%. Waterleaf (lilac subsidiary) is 50-90%. The 90% figure is bollocks and is there as a placeholder.
So in short, Lilac's recovery is not what they pumped it up to be.
Couple that with a low grade resource in Kachi
Using an energy intensive process in DLE (which also requires HCL generated on site)
And it's not difficult to see why the power budget blew up.
And with this announcement providing zero details around recovery rate, number of polishing cycles etc, and LKE/Lilac providing zero details about bead cycles, its easy to see DFS numbers blowing up even further.
They desperately need to pump this thing before the CR
