I find it quite positive that at a time of veey low lithium prices, CTR are proceeding with their project which involves the much higher cost of building both the geothermal plant and lithium carbonate plant from scratch and Berkshire Hathaway, with ten of the eleven geothermal plants in the area, sound like they too are commited to full scale lithium production. I don't know if it's because both companies expect to be able to make good returns at current lithium prices or because both companies are confident enough of higher long term prices not being far off, or maybe both. While CTR alone might be wrong and over confident, BH's commitment is likely a much better indicator as BH is one of the most successful investment companies globally. Also a positive for us is our project is capable of supplying 70,000tpa compared to BHs expected 90,000tpa.
