I'm only interpreting it as I see it. The rationale given by Lorry is sound.
I'm sure there is underlying frustration associated with dealing with the Martu representatives and I'm sure the prospect of raising capital at sub 5 cents is unappealing.
The reality is the current capital cost to develop KL would be massive. Twice the PFS cost?
3-4 solar salt operations could match the output from KL but 1-2 operations may match the profit if operating costs are significantly lower.
The ESG credentials of solar salt will always be superior to KL.
Let's hope we see some forward momentum with CPP.
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