80c is conservative if they fund stage 3, sign off takes and start planning a "stage 4". The speed at which they are developing is a credit to Zuvela.
Lithium Americas is the benchmark for Argosy. Approx. 1.2B mc for less than 50% (from memory) of 20k TPA, early stage construction. (Double check my figures here, no time to fact check).
I wouldnt be surprised if they skip stage 2. The stage 1 pilot plant is larger than anyone elses that I know of but they may need to replicate it at altitude.
Fundamentals, page-697
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