Wow, what a good find, I have completely missed this chart, was not on my radar or understanding. Indeed part of the Core plan.But firstly my apologies on youre wrong. Indeed it was me that is/was 100% completely wrong, again! I can only put it down to OA (old age)![]()
When I read this weeks announcement re DSO, only conclusion was selling ore direct from pit. Baffling yes, why sell @1+% concentrate if wait a short while and can sell @ 5.5-6% at premium price, but DSO Core is to be by Xmas. Who would want that ore? Ceramics industry maybe? surely not for Li conversion? .
So to Stage 2 Lithium Fines Processing (LFP) DFS (the elephant in the room). I have not seen a FID for this $8.5M capex project. Have I missed this? Maybe the DSO announcement was premature, or is the LFP not deemed price sensitive and the Board approved already.? Is a new income stream so would think....
Me thinks the LFP is a GO and is the DSO bla, bla. Any thoughts, anybody? I am at a complete loss to explain what the DSO is all about.
So its back to the drawing board because I have not factored in any DSO new $$$s. Just more money into the Core kitty, it just keeps giving and giving.
Go Core Go
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