I did read the corporate presentation...lots of relevant Industry info there-
I used to drive by the great salt lake regularly,on my way to ski the deep powder in the Wasatch, back in the day...so I'm familiar with the general overview
Anyway a couple of things stood out regarding Compass' lithium brine plans
the concentration of lithium in the great salt lake is rather low compared to other brines,and of course the cocktail of other minerals is specific to
that basin making the selection of a DLE process site specific and not necessarily a validation of one technology at the expense of others
the other points are the capex required and the long timeframes prior to projected commercial revenue streams
granted Compass must be a conservatively run operation,but the timeframes for full commercial production appear far from ambitious
especially when one considers the established operating history and existing infrastructure on the east side not to mention no anticipated permitting issues.
futr