I think we had this discussion just a few weeks ago. Pretty sure it was clarified that the PEA will only be calculated on the up to date MRE that was available and no new tonnages were to be added. A new MRE will be done by DECEMBER so the boss has said.
Consensus is that the PEAs outcome should point to a very dirt cheap mining operation some say that they fell the PEA is already factored into the SP. Seems really that the SP slide is mainly related to the offset of a dwindling of the lithium spot price. If so, how could you factor in a price for the PEA into a shifting market that changes daily of lithium price and SP. Something would have to be FALSE and unsustainable to a mining scenario operation.
LRS General Discussion, page-14177
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