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Re: Billjet17 post# 7348

Wednesday, 06/27/2018 6:07:13 AM

Wednesday, June 27, 2018 6:07:13 AM

Post# of 10477
What's not to like there, Jet? Great article!

LAC's Thacker Pass project is going to be very profitable, producing a lot of Li cheaply and quickly (the best of both worlds) and featuring:

* less than 24 hour process to obtain battery grade Li (ridiculously quick production time, particularly when compared to brine process);

* 46 year operating life;

* 2 phases: first 30 tpa and then 60 tpa from an open pit mine (inexpensive, no mine shafts, no digging);

* streamlined/accelerated permitting because of POTUS prudent Executive Order deeming Li one of 35 metals critical to U.S. economy/security;

* only 21 months to completion of Phase 1, with production set for 2022; and, lest we forget:

* located a stone's throw away from our friendly, neighborhood giga-factory.

What a well-conceived operational plan! With Ganfeng and others no doubt happy to get in on providing financing, I don't see how it gets any better than this!!

GLTA and regards, G8tr
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