FA & General Banter, page-12754

@stevo 111

Hahaha. I didn't make any comment about Tesla-PLL deal here. But I was laughing when I finished my work on Tesla PLL deal. Because I know the details of PLL's resource it was funny enough for me to understand that Tesla has signed the deal even though they would not thinking to get any spod concentrate by that offtake deal. It was not going to happen anyway. IMO, Tesla signed the deal just in case if PLL can produce some spod concentrate they would get it. But I don't think Tesla believes it because Tesla knows everything in the upstream lithium supply chain.

Yes PLL has no PFS as far as I know. They only have a scoping study with unbelievable numbers..!

The mines strip ratio is: 10.4 to 1.
Very bad. I don't think it'd be economic to mine such a low grade (1.11% Li2O) by that high strip ratio.

They say the LOM (life of mine) process recovery is 85%..!
Unbelievably high IMO.

They say that the cost of spod concentrate is USD160..! (AISC US$238 still very low)
Very low..!
(AISC US$238 still very low)

And..
They say the cost of lithium hydroxide would be US$ 3,565/t.
Very very low.

Good on PLL.
That's all I can say.