EUR 0.00% 3.3¢ european lithium limited

Hi hbennett Not sure how you came up with production in 2020 The...

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    Hi hbennett

    Not sure how you came up with production in 2020

    The way I read it is that in 2019/2020 they WILL commence operations (construction or Plans to supply producers?) for production of lithium carbonate for batteries.


    Quote

    “- H2 2018: Fast track, proposed to commenced production of concentrate for glass-ceramic industry; and”

    “Development road map

    The indicative development timetable for Wolfsberg is as follows:

    - Q2 2017: Increase resource;

    - Q2 2017: Finalise pre-feasibility study;

    - H1 2018: Finalise definitive feasibility study;

    - H2 2018: Complete baseline/EIS/permitting;

    - H2 2018: Fast track, proposed to commenced production of concentrate for glass-ceramic industry; and

    - Q4 2019/2020: Commence operations for production of lithium concentrate for battery factories.” End quote.



    H2 2018 proposed to commence production for glass etc.. Ain’t gunna happen


    Q4 2019/2020 What exactly does “Commence operations” mean? My take on it, it means to commence building a processing plant or commence discussions with a producer? or are they implying they will commence production? It’s a wee bit ambiguous style of director’s speak


    As rdncoic said.....They (EUR) need an updated roadmap!





    http://www.*.com.a...ng-aggressive-development-on-time-170706.html
 
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