FA & General Banter, page-1217

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While grade is a good point to focus on ,what’s more important is the mass yield.This is the actual recovered lithium after benefition..These recoveries are what you can then base yr primary economic asset on (saleable lithium spondumene ) in a feasibility study.
Currently this is 79% to a concentrate grade of 5.9%.A user guide then would be to multiply grade x tonnege x .79 = actual spondumene concentrate resource.
And they need to get to 6% battery grade to have a saleable product.This is why upcoming met studies are important.
Not IF they get to 6%, but in my opinion how far beyond this they get while keeping the grind under control.This will be hugely positive for the economics of the KV project.

The great advantage of LTR (as many posters have referred to ),is they have it all.They have ongoing exploration results, ongoing met/ benefition testings , overlapping with feasibility studies etc.All in a lithium hard rock market that’s getting tighter and tighter .