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  1. binwood
    5,340 Posts.
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    30/03/18
    23:13
    Post #: 32146687
    It's not impossible but kind of redundant lol. I would like to see probably a 40Mt reserve. That allows start up of 2Mt and duplication of train to give 4Mt over a 10 year LOM of ~ 2020-2030.

    Battery tech with regards to cobalt is too unknown past 2030. They can then just replace reserves as required if we need to increase LOM.

    Market seems obsessed with big tonneage but I am happy to be more practical. Cashflow is king once producing
    CLA Price at posting: 14.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch. 4  Great analysis
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