The problem you guys have is you haven't thought about the chemistry, solutes and solvents.
Forget about resource size initially.
RWD brine has a K solute load that is 50% greater than what AMN has.
To achieve the same output, assuming equal recovery rates AMN will need to pump 50% more brine into ponds 50% larger assuming equal evaporation.
Assuming equal trench drawdown they will need at least 50% greater trench.
When we move on to resource size we are talking about mine life.
RWD also has resource at depth which brings in large scale bore fields which lends itself to increased capacity down the track.
I don't trust the financial analysis based on scoping numbers because I don't think the commerce degree guys understand chemistry.
AMN Price at posting:
55.0¢ Sentiment: None Disclosure: Not Held
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