Yes, I think you are missing something.. For one, our friend effectively called me a liar for saying that in the 80’s the mine was uneconomical. EUR have admitted that the sale of and therefor production of spodumene concentrate is uneconomical.Secondly, EUR state that the sale of concentrate was not economical. (Consider that there is now no mention at all of spodumene concentrate)
Thirdly, EUR did not mention shipping “ore” to China. Quarterly dated 30-Apr-2018“The PFS clearly showed that the sale of spodumene concentrate to China was not economic at current terms......”As for the rest of the current plan, who knows. We need to hear the updates of “the talks” with the “proposed future European lithium battery producers” Maybe EUR could tell us who they are actually talking to?
Next the all the figures quoted would not include the corporate costs etc. that will be associated with EUR, which if they can start mining would be substantial.
Finally, it’s a lot of money to find and a relatively short mine life and has there been any mention of r’s greenie weenie friends and the not so happy Glock Gut and their thoughts on all of this.
