I hear your point, however couldn't it have been considered irresponsible by EMH to commit to LMax prior to the LMax PFS? Hence the pffafing about?
It's seems REM are right amongst it, considering they are really only a cornerstone investor. They may have wanted EMH to line up with Bacanora's testing of the roast option. Which doesn't look like stacking up, cost wise IMO.
Would you agree with those cost estimates 2chance?
LMax $1500 with Potash,
$800 with Tin/Tungsten/Potash
Roast $3500. Therefore about $2800t with Tin/Tungsten?
I know you've got your finger on the pulse, keen to hear any further thoughts you might have. For me it's hard to swallow those cost differentials, purely for a face saving decision to roast.
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