Day to Day SP Discussion, page-6

https://electrek.co/2019/01/07/sk-innovation-increase-investment-us-battery-factory-compete-tesla-gigafactory/amp/?__twitter_impression=true

This is a massive investment to up the capacity of their proposed gigafactory in the US. If only we were to produce battery grade carbonate/hydroxide in the first 3 years of production you could imagine an offtake agreement would be on the cards. And given the recent news from ORE about the poor prices they are receiving for their industrial/technical grade product the modest price assumption of $10000/t in the pfs is already a reality and is tipped to decrease into the year. Yes our cost price is so low we will still make a good profit but i think given the strong demand and steady pricing of battery grade material, 35.4 million for a battery grade circuit should be considered from the word go IMO. We will hear this year about pilot plant testing and am eager to see the results on what grade material we can produce without costing the earth. Once this is known then perhaps offtake funding can help take care of the CAPEX and a batt grade cct can be in the initial plan.