Bluebirds wrote: Alix's latest Electra aquistion, Gran 2 "is readily accessible through a system of secondary roads that parallel the Bavispe River" and as the below map illustrates, is completely surrounded by BCN's Buenavista property. It is within 600m of BCN's drilling and near the town of Granados, transport accessible and near water supply - the perfect location for a plant site. So it seems unusual to me that they would allow a competitor to acquire such a property, which previous maps show as belonging to BCN, unless motivated by greater ambitions...
As far as I am aware, BCN/REM are setting up a pilot plant to process LCE, but cannot find any information regarding how they plan to develop the necessary hydroxide. Which makes me think that in return for lower capital costs, BCN/REM intend to adopt Sileach through the use of a combined plant.
![[IMG]](https://www.alixresources.com/files/aix_electra.jpg)
Also from a London messageboard:
"IMHO production costs are key to every producer. Sileach has been developed by LIT and it's a process designed to fit their (putative) investments. L-Max (which was available for use in Mexico), I believe, is redundant as a consequence of the development of the Sileach process so far as Cinovec and Sonora are concerned.
OK, BCN didn't "need" more acreage but no one in their right mind turns up the opportunity of adding more to the pot when it's available right next door; much less opening the door to a competitor with a strategic alliance already in place with a company at the cutting edge of processing technology. BCN had already predicted the likely course of the layers both to the North and South of its concessions so why not snap it up ? IMHO, they've already "done a deal" with AIX/LIT. Nothing formal, requiring disclosure to the market, but a "you scratch my back and I'll scratch yours" understanding of how all the players can benefit from collaboration (through amalgamation) rather than competition. That alliance will make for the single biggest Lithium producer in the world, spread across three continents and producing Lithium (and by-products) far cheaper than anyone else and all the main markets covered in Asia, Europe and North America.
And the funding ? If I'm right in thinking that BCN's strategic (and anonymous) II is indeed Tesla, that's probably the answer to that question too.
Time will tell. But I wouldn't be surprised if, with the PFS, there didn't come news (or at least a hint) of what I'm speculating - certainly with the BFS. At the end of the day, it's not a question of how much Lithium can be produced but, moreover, the cost to the consumer."
Courtesy of GoodFlyingDuck on: https://www.lse.co.uk/ShareChat.asp?ShareTicker=BCN