That answers the question, they are paying 834k AUD a year just to keep the lights on. Half the LRC was supposed to be the Big Sandy pilot plant. Now we can dedicate the LRC entirely to being ore storage and Prairie brine testing. Of course 3rd party testing would have been much cheaper than 834k. And since they can longer afford to pay the workers they cant even test the brine.
Paul, just write this one off as ANOTHER B.O.D f* up. Find a way to break the lease, sell the equipment, and stop dangling the Big Sandy carrot which is now rotten af. At this stage Big Sandy is not even worth $0, it's worth $-XXXXXX. The other option is to move the necessary equipment to a smaller warehouse (with much cheaper rent) out in the sticks.
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