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Originally posted by Kevyx
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I agree that brine projects may take some 18-24months to develop. This is the timeline given by the management over at AGY; 13 months to produce LCE product on a small scale, then I'd guesstimate 5-6 months for funding and decision to commit to large scale construction works. This is via tradition solar evaporation techniques. Will require in the vicinity of 100 to 200 million USD to fund depending on size. Slightly cheaper than hard rock mines but still a good chunk of any companies bank accounts.
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I agree with you in regards to debt and i will watch how PLS performs with your above comments in mind. One of the reasons i favour $TAW is the fact that they do and will have no debt.
