The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
Still need to crack on with it though. All these graphs showing the demand curves are good and well, but all have been incorrect so far, so short supply threatens creating such a price hike the golden goose could be strangled!
Every reason to be I guess - project economics when the PFS assumptions are 1/5th of the current lithium price are fairly compelling. He makes strong reference to CEZ having teams working on permitting etc. and that they're deliberately holding off on offtakes. Certainly sounds like a man expecting a decent return on 8+ years work...
as of May 2022:
In progress
Progress strategic partner/offtake discussions – in active discussions with leading global (batteries/autos).
Progress EIAs and permitting for mining and processing.
Complete Flowsheet optimisation testwork in FECAB and LCP
DFS and Front-End Engineering Design (FEED)
FEED programme to produce marketing samples.
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So where do we sit with any of these items?!