Fair point, but they have proven it can be done have they not ?
Secondly their roughie cost estimate before Scoping study suggests US$2000 cost per tonne to extract ... Lithium current sales price per tonne is around $6600/ Tonne ... So plenty of "wriggle room" to get things right. Add to the above that there are still Tin s and Tungsten credits to add which is likely to make cost per tonne even cheaper.
In addition, The process they are using is stated as Simple:- "...Simple, proven method to concentrate lithium mica via froth flotation • Low temperature leach of lithium from mica concentrate o Low energy, no roasting/sintering • Lithium ore is tail (waste) from processing to extract tin and tungsten... " Source: ASX Presso 20th Apr
Infrastructure is great given its location and close to possible market is also a big +
" ... • First world infrastructure • Located on the doorstep of Europe’s industrial heartland • Stable, active mining country with skilled, lower cost workforce ..." Source: ASX Presso 20th Apr
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