RE:RE:RE:Well ,there we have it The economics of the plant will be way above those used in the late 2020 PEA. Today's spot value for lithium is 50 % above that used in the PEA and volume of lithium produced per year will be much higher (from higher flow rate), so that the initial capital outlay should be recovered in a much shorter time frame. Maybe 1 to 1.5 years; everything after that is gravy. The company can use these funds in part to acquire new lands and licence DLE and other patented processes. In other words, the company can expand operations far beyond the Leduc formation.
I can't wait for the PFS study to be completed and released. E3's Christmas present to my retirement fund.