About the Phase II studyReleasing the updated FS without the phase II numbers tells me two things.
1) It will not be ready before the end of the month
2) It would not be a big upgrade to the NPV
Yes, lithium carbonate and hydroxide are high, but if you look at the technical grade spodumene (that is 25% of our reserve) and even the regular chemical grade prices you have to wonder if it is worth converting to a finish product.
Anyway, I am very happy to see that our new NPV is now higher than anything I had imagined, and seeing us in crusing in the green while all other lihium plays are being hit by the negative market wave tells me that we are in for some good days ahead.
The two next big NR's will be the permit and the partner.