@HAC30 How long do you think it will take to drill out 20 year resource to BFS level? Prove up a reserve? What total resource/reserve will they need per to make this a profitable venture? And then build? Hence I hope you can understand my scepticisim on the 2020 production target.
Speed to market is key. As you would admit, you cannot use the current Co prices over the 20 years due to the threat substitution of Co in EV batteries over the long term.
This is why multi commodity production is an important buffer for these projects. You can reap the rewards while Co prices are high but it would still not hinge completely on the price of Co.
Anyway good luck all.
Add to My Watchlist
What is My Watchlist?
