interesting wording agreed... particularly the enable offtakr agreements to be finalised part.
Would imagine so. Capex isn't that high for this project. So any Investment by JV, offtake partner really gets good value for $ spent. The high grade allows for a lower CAPEX spend as Its hIgh margin. I imagine that after a few yrs of production they would look to ramp up with a stage 2 type expansion reducing OPEX further. Plant design is modular so can be done easily. But thats prob getting ahead of ourselves.
PM1 Price at posting:
1.4¢ Sentiment: Buy Disclosure: Held