1. We don't have a lithium deposit - we've got potential deposit which are yet to be drilled. CD is a defined deposit and has been drilled out and studies done.
2. We have no experience in lithium mining. Our experience lies in iron ore mining.
3. Costs for a 1.5mtpa is more like $150m not $50m.
I would prefer CD be progessed first but no harm in drilling out some of the potential lithium deposits
broker trade report, page-17
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