KDR 0.00% $1.90 kidman resources limited

Earl Grey Resource Upgrade Imminent, page-3

  1. 2,237 Posts.
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    Thanks @mistie, great work.

    At what point do we have to ask about future expansion plans, beyond the only-alluded-to Phase 2?

    My point is, the current resource is already enough to be producing 80ktpa of LCE for 36 years, based on the calculations in this Blue Ocean Equities presentation:
    http://www.blueoceanequities.com.au/kdr/

    If Early Grey turns into a 2.5Mt reserve, it could be producing ~160ktpa of LCE for 40 years, assuming the same efficiencies Blue Ocean have used.

    Is that feasible? Plausible?

    I wonder how much thought has been given to a possible Phase 3 of the refinery. After all, the deposit can be absurdly large, but the value is only in what is extracted and refined. Who knows what batteries will be made from in 30-40 years?

    Appreciate people's thoughts.
 
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