Originally Posted by
APH1
Interesting comment JB as I always thought that brine was more expensive to produce, will look into this further when time permits. What LRS has over a lot of other Li explorers is the clear pathway to production, i.e. Sigma's blueprint if you will. The environmental permitting with brine projects will be the hold up I think as opposed to hard rock spodumene. We have the Minas Gerais government on side with a signed Mou and they have mentioned fast tracking this project, if we can get to production 2026 prices should still be good due to delays in more of the tricky projects in Canada and Africa etc. I think pricing will hold. We will still be making money at $1500 a tonne, not long to wait now to see the numbers anyway.