Ditto Connex.
I have just briefly browsed over the AKE activities report as have a few PLSers above your post.
My take. It is lousy with production delays and cost blowouts across all projects. Half the carbonate they produce is grease grade. What really caught my eye was the Mt Cattlin recovery. Look at this.
Production
During the quarter 17,606 dmt of spodumene concentrate was produced at 5.3% Li2O grade. Recovery
of 25% reflects the temporary fine-grained nature of some of the mined ore.
Revenue for the quarter $298 Million.
They are not in the same league as PLS and I'm so glad I'm all in on PLS. They may get it all together but for now, no diversification for me.
Ditto Connex.I have just briefly browsed over the AKE activities...
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