Ann: Substantial Increase in Mineral Resources at Seymour Lake, page-13

No you are just making stuff up.

 

1. "My opinion of 10 mt is based on the likes of CXO which as you know I have used as a comparison before. If CXO can get a mine up and running with 10 mt, I can't see why that would not translate to ADV also." CXO do not have a 10mt (is that metric or million?) mine up and running - they haven't even finished the DFS for goodness sake. All people can go on is the Grant's PFS, which seeks to process about 1.8Mt of ore over a 26 month period to produce 400,000 t of low-grade 5% spodumene concentrate. The wastere ratio is an astonishingly high 13.8. CAPEX is estimated at A$54M. Good luck trying to find finance for a 26 month life of mine. On top of that, it will take a big chunk of 26 months just to get the plant commissioned and ramped up. I'm sorry to say but their financial predictions for this project are pure fantasy. The CXO PFS is an appalling choice of project with which to compare ADV.
2. I don't recall saying Yantai had disappeared. I said they weren't showing much interest and that is still the case. I don't doubt an association with Yantai. But it's a very weak association at the moment, that has been weakening for many months in light of the poor project development outcomes. If they are so interested don't you think they'd be a tad annoyed when ADV drops the Seymour hat and waltz off to Pickle? The more obvious conclusion is that they don't really give a sheet.
3. I wasn't proven wrong Finn. You can make that claim, but that would be making stuff up again.  
4. So I suggest people go back and read the historical Yantai announcements and see how they stack up with what is written on page 19 and 20 of today's  announcement and make their own minds up rather than take some anonymous  poster's assessment of what constitutes a viable lithium project.