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Re: jasonknows37 post# 8645

Friday, 03/15/2019 12:12:30 PM

Friday, March 15, 2019 12:12:30 PM

Post# of 10481
Happy if the announcement helps the SP. However, I think that the schedule is way too aggressive. It implies financing later this year while Cauchari has not produced anything. I would prefer that they delay NV a bit and have some extra cash in the bank from Argentina to obtain better financing terms and JV/offtake deals. As I said yestetday, why not explore a bit more the SW or other areas and perhaps build and run a small pilot plant to resolve/optimize any processing issues while Argentina makes us money. We can build the big Nevada plant when demand and lithium prices go up in a few years.
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