Considering that Mali has a tax free incentive for the first 3 years of production and lithium prices may be on the decrease in 3-5 years time, why can't we utilise both options if they are both profitable? My assumption is that transport is/was possibly the major bottleneck for our potential production, 2 options would have to go a very long way to alleviate this!
It is very good to know that if something happens to one of the train service options that it is still very possible to have the other transport route available.
Assuming that we can get some lithium mining expertise on the board soon, I'd love the company to be ultra aggressive in securing a partner/customers and look at starting with a 2Mt plant if transportation and other factors allow, with the expectation of expanding quickly. Prices won't be excessive forever so we may as well take full advantage of it while it's on offer and there for the taking.
BGS Price at posting:
39.0¢ Sentiment: Buy Disclosure: Held
