LRS General Discussion, page-16019

The Colina project has experienced a 41% resource increase, making it one of the largest undeveloped lithium resources globally. The Preliminary Economic Assessment proposes a 3.6Mtpa mining and processing operation with an after tax NPV of A$3.6 billion and IRR of 132%. The contained Lithium Carbonate Equivalent has risen from 1.47Mt to 2.05Mt (huge), and ongoing drilling aims to further enhance resource definition and exploration targets. A Definitive Feasibility Study is anticipated in mid this year, evaluating a potential Phase 3 expansion (also huge). I don’t know about you guys but despite the chart chart chart and down rampers, I’m holding hard as always. Let’s go 2024 Year of the .