Hey Dub,
Basically it means, whether or not the mine is worthwhile to go ahead.
This is where we find out all.
Just a note. When LTR did there pre feasibility, the lithium spodume price was $300.
Now the price is $2,444.
Now LTR is sitting on 156 million tonnes.
Now put that in the calculator.
BTW we are now drilling 'Buldania'
Which has 15 million tonnes, and management are saying, there's sooo much more.
So the DFS, Definitive Feasibility study, basically tells us how viable the project is.
Hope that helps.
We have amazing management.
And an amazing Resource.
If you are interested.
Might be worth having a look.
