The mine life at Cattlin is 18 years.
I don't think they would be ready to let it go. I reckon they are planning longer term agreement. We shall see.
Customers are scrambling to secure supply offtakes so its really an opportune time to re-commence operations. Lower dollar should be favourable to operating costs.
They estimated closing the mine for 3 years in March 2013, surprise, surprise opening again.
Lithium sector is running hot in recent months. "A rising tide lifts all boats"
GXY Price at posting:
4.4¢ Sentiment: Hold Disclosure: Held