RE: Time is now7 Dec 2023 11:22
I think the DFS will come in higher than the PFS 17k,not just because of our location and green credits, which are pretty good if we go by recent presentations, there is transparancy of Where the Lithium comes from is processed and to end user, id say a premium on that too.
When Lithium prices were High 80k a ton everyone and his Dog started poming about and claiming the next Eldorado! But it was only profitable for a lot of them when the price was High as OPEX is higher for a lot of them making profit when price is low for some imposdible.
I think too that the price now is being manipulated down so as those unprofitable mjnes can be bought out cheap and when prices rise again they get cranked up into production and what price does Lithium need to be for that to happen? Thats in the future.... but Cinovec can make a profit at low Litium prices so worth investing in a company that can command a higher lithium price and carry on making profits. All in my own opinon, but its How I see it