My thoughts are like this. Would love to hear from you all.
Part 1This article provides limited insights.
[1] We already knew from the Dec'222 webinar that Nick wants to build pilot plant with 1400 tonnes capacity by mid 2025.
[2] On this forum multiple times I expressed my views that outright sale is not the sole option.
[3] Buying Phoenix at $2bn and building plant for another $2bn is huge investment. Not impossible but JV like Wesfarmer and MinRes is a likely scenario.
[4] My earlier estimations of NPV between $14bn and $20bn was inline with article.
[5] I also discussed E3 Lithium in the past which got mentioned in the article.
Therefore, there is no new information presented in this article. However, the surprise part in article was the size of reseve being 1.9M with mining life of 27 years, as opposed to my previous belief of 1.4M with mining life 20 years.
