Economy of scale makes absolute sense but if that is what is going to eventually make lithium miners profitable, all PFS...DFS and science behind it can and should be considered absolute BS! I consider PFS and DFS to be very similar to an IT project 30% and 10% quote. And yes that doesn’t mean everything goes as planned of course (all people invested in lithium last year will agree) but they really are not horrible estimates. The costs you are quoting for lithium producers in Australia are a massive departure from pfs and dfs studies.
A40 Price at posting:
20.5¢ Sentiment: Buy Disclosure: Held