CXO 8.79% 8.3¢ core lithium ltd

Could not agree more emmar. I sense our target market is Europe...

  1. 234 Posts.
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    Could not agree more emmar. I sense our target market is Europe and that dreaded 'carbon tax'. It was @ $23 per tonne of carbon here in Oz so quite substantial.

    BUT.. your key word is 'fines'. From memory (been 9-10 months since into PLS who are/have the pilot plant) were tapping into their flotation circuit to extract fines otherwise going to waste. That is, getting something $$s from nothing/waste. Unsure.
    Now from readings Core's ore was considered coarse grain, hence simple DMS, so don't know what impact will have.

    Don't despair, there is other company Lithium Australia that has another process which removes the roaster (the gas guzzler) from the 'traditional' LiOH process. This is still in pilot stage, being built Qld or NSW. "they" say good for lower grade LiO in 1% range so makes these grades more mineable $ wise, better Li recovery.
    So seems some options which is really good. Whether covered in scoping study or PFS have to wait and see.
    Could be an exciting month of Jan 22.
 
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