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number61

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03/07/16

15:17

Post #: 18181121
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Originally posted by airconditioner ↑

We will see what actually happens. More little bits of paper flying in the wind.

You would be aware that this test plant requires spodumene to actually test it aren't you?
PLS not actually having any for a coupla years to test with until around 2018 is a bit of a bummer, isn't it?
Still a lot more to prove before this leaves the lab and becomes a viable processing method.
LIT build the small test plant. Then a larger test plant. Spodumene paid for at cost is all the document says - and only in relation to the larger test plant. Perhaps in the end - they just buy some spodumene from you and take the carbonate profits for themselves?
Who knows? Who knows if it works? How long before all Chinese spodumene factories copy it if it does, and do it cheaper...?

Without a product to test with even this test plant drifts out to years away.
Full scale plant - When? Perhaps? How full scale?
Perhaps only results in a bottle neck or small portion of the actual off-take.
We will see.
There is a mine to build yet up in the desert and LIT may just show you what the LEACH stands for.

I realise the main course at PLS is feverish conjecture but at some point things come down to reality with a thump. Nothing changes in terms of actual production up there for ages and by then GXY has its own 100% brine plant - pumping out 100% old school profit.

And what was that "all about China" line thing that you had running over there to down-ramp GXY's brine production?
Seems the PLS Thought Police better go back and readjust some policies...

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Shame, I would've thought post number 61 would've been more open to learning about what's happening in the industry.

Agree everything takes time, just like good things I suppose.

#61

GXY Price at posting: 50.0¢ Sentiment: None Disclosure: Not Held
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Charts are looking good, page-62

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