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Re: MikeyInTheD post# 111

Monday, 04/16/2018 3:18:59 PM

Monday, April 16, 2018 3:18:59 PM

Post# of 203
Agree, they will succeed if they keep consolidating the good partnership they have with Orocobre and others that may help them with financing. The most likely scenario is that they will use Orocobre’s plant for processing. Obviously, they will have to give something in return, but they will save hundreds of millions of dollars not having to build a full plant. I am no expert, but I believe that installing wells, pumps, conveyance pipelines and other infrastructure should cost tens of millions of dollars (maybe $30 to $50 million or a bit more?), which is only a fraction of the cost of a full plant. Thus, financing should not be too difficult. Also, if the deal between Orocobre and Advantage were to go sour, which I seriously doubt, then there is the a SQM-LAC partnership next door, which I believe would be interested in working with Advantage.
The recent exploratory efforts have been good, and the resource estimate, financing and project plan are expected this year and next year. I remain patient and continue to accumulate here and there.
Good luck to all!

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