This is dead set sensational reporting from this b... head.
This is not iron ore where the content is 55 % FE, and there are many iron ore mill in China near the port for this type of bulk operation.
Like gold , only 1.5 to 2 % of the ore content is Li - is simply not economical of what this b.. h is reporting --- the fleet is ready to mobilise, jump off from their iron ore operation !!!.
Where are the Li processing plants in China - are there any ? or has spare capacity or right next to the port where they stockpile the iron ore ?
It is a 2 to 3 years away proposition (by that time GXY low cost brine will be in full operation - future assured) where they need to build a processing plant like PLS, no if or but -- what happen to PLS idea of shipping ORE to China. - simply NOT ECOMICAL full stop.
Is this b...h also suggesting that the massive Li processing plant proposed in WA is dead in the water ? I don't think so.
- Forums
- ASX - By Stock
- Deutsche Bank & DSO
This is dead set sensational reporting from this b... head. This...
-
-
- There are more pages in this discussion • 59 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add GXY (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
FHE
FRONTIER ENERGY LIMITED
Adam Kiley, CEO
Adam Kiley
CEO
SPONSORED BY The Market Online