RE:RPA reco's.Glorioux is clearly delusional if he truly believes that Tesla would skip the PFS and FS and fund ZEN to go directly into production.
He suggests ZEN can produce "ultra high purity graphite" and assumes they have refined the metallurgical process and can produce greater than 99.9 % simply from bench scale testing.
Do we truly believe Tesla is that stupid to spend that kind of money without a feasibility study?
Tesla management should be fired if they take such a leap of faith.
BobGreenfield wrote: Phase 2 was contingent on Phase 1 being postive.
Budgets were defined based on the information available at the time.
Simple question: How much over budget was metallurgical in Phase 1?
The answer to that question would better define what to expect in the revised Phase 2 budget with the latest information by SGS considered.
A much larger bulk sample will require a much larger "large" diameter drill campaign, again, revised Phase 2 budgeting could be defined through comparison to Phase1 numbers.
Would a company like Tesla entertain this level of advancement in accordance to their due diligence policy?