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I'd be guessing if I tried to work out costs so I'm not really...

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    I'd be guessing if I tried to work out costs so I'm not really sure

    We will have to wait for a PFS to give us an indication

    Biggest expense will be power and of course there is a big CAPEX involved

    But with China producing 90% of the world's EMM and mega steel companies in Japan and Sth Korea needing it for specialist steel applications ... maybe they'll pay for the CAPEX to guarantee non Chinese supply for the next century
    Who knows how this will roll out

    It helps that the project is in WA and has the Great Northern Highway running through it

    I look at Pilbara Mines with their Pilgangoora Lithium project in WA

    They were at a $200m market cap in 2015 when lithium was just beginning to be understood by the market

    It hit about $7 billion mkt cap just last week

    We will hopefully head in the same direction

    Last edited by suzywongs: 18/08/21
 
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