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19/11/23
17:52
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Originally posted by sabine:
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Thanks again Troy … I’d like to see that question on costs/recovery via the different alternatives answered in the SOA/by the independent expert. It seems to me as if the combined recovery rates under the ‘AVL process’ are lifted from 85.5% to 92 or 93% (vs 100% for a TMT going it alone {but nb this is not including the unknown factors/costs etc at Yarrabubba?}) then an important consideration becomes that increased LOM. How many years are expected to be added ? If the combined resource is to be as globally important as say a Greenbushes or PLS is to lithium then LOM is a crucial management consideration. And thanks again for the detailed argument … I’m still concerned about the inferences you made about Graham Arvidson’s expectations of near term financing being untruthful and there’s obviously a lot more to understand but I have to go out now. I’ll enjoy coming back to it later on. Cheers
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what I struggle with is your motivation to pick intimate details of both companies and yet try to say it’s meaningful discussion. When you look at the wholistic view as I have done then the picture is clear. Its the companies themselves that produce the data I have just interpreted the data. Its up to the companies to come back with something better to improve economics. AVLs old mate Vince will come back to haunt them eventually and TMT holders know that exact point!