Yes lithium prices “could”, in the “short term”, recover but with Dicko now socialising FID in Q2/25, doesn’t the “momentum” in Kachi’s schedule now mean that production will also slip.
The RESET was in 06/23 and 8 months later the schedule has slipped 3 months.
Applying that “short term” “momentum” to the schedule, first production duration goes from 54 months to 74 months, moving first production from Q3/27 to Q2/29.
We will get a very good preview of how much schedule “momentum” there is through 2024 and 2025 ..... and will have a much better view if there is at all a path to first production from there.
BTW what does the Lithium Carbonate price need to be for Kachi to be viable?
DYOR
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