Yes, the 20ktpa scenario offers a lot more optionality because of the improved scale. However, at this point I've chosen not to include it because in my personal view unless there is a very strong recovery in lithium price over the mid-term, the likelihood of them financing an additional US$311M in capex seems very low (partly evidenced by the time/difficulty it has taken them to try and fund US$70-90M). It is a nascent market though, so perhaps a strong recovery is exactly what we'll see.
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