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What's the most likely means of securing the remaining funds for...

  1. OneHundredThou
    369 Posts.
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    06/04/18
    09:35
    Post #: 32262265
    What's the most likely means of securing the remaining funds for capex? Debt or CR?

    Also I keep seeing the 10$m from Sino subject to the installation of a ball mill. But the ball mill is not on the flowsheet. Does that mean the DFS is already in play?

    Lithium processing is usually 3 stages of crushing, mica removal, 2 stages of concentration through heavy media, to make a 4 and 6% spodumene concentrate and flotation only if you want to convert from 4 to 6%. As in all 6% or more.

    So the ball mill must be for the flotation circuit, which again suggests advanced engineering.

    IMO.
    PSC Price at posting: 5.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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