You raise a good interesting discussion point in my opinion regarding 4MTPA plant
In my opinion 10-20years LOM is enough because realistically we aren't sure what lies in the future. There's no point rejoicing in an absurdly exxagersted LOM when it's going to sit there with possible new technologies to come to lower/phase out reliance of Cobalt
Some important questions we will probably find out sooner rather than later perhaps
1) How much drilling and consequently increase in resource does the company want to do?
In my opinion we don't want to define too big a resource otherwise dilution/ $$$/ time required
2) 1Mtpa 2Mtpa or 4Mtpa?
My guess maybe a 2Mtpa plant but how feasible is it to just go katching straight to 4Mtpa?
@binwood ??
3) How soon before we get the real big fish involved
Eg- Battery End Users
Offtakes etc
Of course we are waiting for the initial JORC however it really does seem from the buying over last few weeks we've got some big parties interested in my opinion.
Credit given to our management and Brendan in particular along with the consultants.
Inviting weekend discussion....
Good weekend to all![]()
You raise a good interesting discussion point in my opinion...
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