I think one thing to remember from the PFS is the NPV and IRR and cost of production are all based on 18MT of inferred Lithium ore when the very same mine pit design contains 35MT of Litihium ore.
That is a 94% increase in reserves which is contained in the exact same pit as the PFS design.
I guess this is why they need to go and infill the drilling and get that 35MT rated as inferred. It will no doubt help secure finance and their vision for a 2 MTPA plant.
Rising like a balloon, page-43
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