Was just thinking...
Remember when we recently bought that extra 200 Ha for $500k USD?
that added a good 20-30 tonnes to our JORC.
PEA says Pre-Tax Cash flow from project = $74 million USD per annum.
think of how much extra land we could buy with this!!! and how much extra lithium that adds to our resource!!
throw in 7% of our annual cash flow for 1 year = $5 mil USD into more land = 2000 Ha
that's an extra 200-300 tonnes of lithium to play with.
Of course we may probably drill deeper on our own land first....
I'm just highlighting how much potential we have to upscale this even past Stage 3 one day.
If we really wanted to and the demand was still there we could easily expand to 40-50 tonnes per annum.
okay ya, day dreaming done lets get back to earth, lets focus on the next 1-2 years for now.
I'm just emphasising our ability to expand.
Cheers, happy friyay, dont forget to crack open a cold one after work today
Jez
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