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04/06/19
19:28
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Originally posted by goodflyingduck
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PFS/DFS only needed if conventional funding route needing to be followed, like here. Borrowing against the Offtake, from the Chinese, will already be stitched-up in the legal agreements going back to the original placing and, then, only a single Feasibility Study in support of the Mineral Extraction Permit application. It's entirely right that the BoD should keep its options open but the decision for them will come when, in Q3, they submit that application.
Do you still maintain that it takes a whole year to build a mine and a processing plant, after funding is in place? Even looking at other projects elsewhere? Or with your new sentiment, do you now accept Q1 2020 for production as repeatedly stated in several presentations and RNS's (anns)? I'm just curious to what extent you are now changing your tune.
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Sorry gfd but I can't answer that question here as it is off-topic ie. nothing to do with Mali Lithium! I'd be happy to discuss it on the lse platform if you care to join me? Infact for everyones sake you are going back on ignore.