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'the above figures are for one phase-1 plant at 7000 tpa LCE, we...

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Jasox

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03/07/21

22:25

Post #: 54263585
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Originally posted by Bayhunter ↑

@BeerAndSkittles the above figures are for one phase-1 plant at 7000 tpa LCE, we are currently drilling Karibib to investigate if there potentially could be a resource for the 20,000 tpa LCE phase-2 plant, the EBITDA for that would make the wait worth while, I hope.

We were unfortunate to release our DFS in a falling lithium market, now the market has realised there is going to be a deficit in supply from the end of 2021 and manufacturers are concerned about securing their supply.

With two other listed critical metals as co-products being Caesium and Rubidium our three main products make up approx. 90% of our revenue. The wait has been frustrating and sifting through the misinformation on here excruciating, I hope all of us holders will be handsomely rewarded very soon! gltah

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'the above figures are for one phase-1 plant at 7000 tpa LCE, we are currently drilling Karibib to investigate if there potentially could be a resource for the 20,000 tpa LCE phase-2 plant'

Are you sure?

My understanding is that LPD are trying to expand the resource and establish a 20 year life for P1.

Are you suggesting P1 or P2 at Karibib, or both?

LPD Price at posting: 1.2¢ Sentiment: Sell Disclosure: Not Held
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