Now that the CR is completed and settled. Let's talk about LRS's...

Now that the CR is completed and settled. Let's talk about LRS's operation.

The fact that Sigma Lithium is commissioning end of 2022 is a plus, for projects within the region like LRS.

I've invested in Lithium back in 2017 during the first lithium boom, with ups and down. That aside, I've been involved in Lithium companies, finding offtakes, talking to Chinese battery supply chains etc etc.

One question we often get asked throughout the discussions is "Do you have samples for us to test?"

I had a look into Sigma, and found out they've acquired permit and built a pilot plant all the way back to 2014 and has been testing their ores since.

As they're moving to commercial production, I wonder if LRS will be able to acquire/pay a fee to use the pilot plant. This can really accelerate the progress of Salinas project. The pilot plant is about ~150km away, so it is definitely worth looking into.

If a deal could be reached to use the pilot plant, we could be seeing maiden JORC + met testing + potential offtake discussions happening in parallel down the road.

All IMO