Message: Form 6-K
Welcome, ElithX !!! Thanks for posting this updated Feasibility Study and Mineral Reserve Estimation regarding Cauchari-Olaroz.
It is indeed a complex and encyclopedic document. In no way have I perused the entire document. Only skimming the surface, the thing that immediately sticks out to me is the Table 22.2, Production and Revenue Schedule. It shows no revenue for 2020 and 2021. Revenue doesn't start until 2022. "What is in your wallet"? My understanding was that production was going to initiate during 2021. Maybe I am reading this wrong, but Table 22.2 would seem to indicate to me that production won't start until 2022? I would like to hear everyone else's opinion on that. Okiedo
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Table 22.2
Production and Revenue Schedule
|
||||||||
|
Year |
Total Revenues (US$ 000s) |
|
Accumulated Revenues (US$ 000s) |
|
Li2CO3 (tonnes) |
|||
|
-2 (2020) |
|
0 |
|
|
0 |
|
|
0 |
|
-1 (2021) |
|
0 |
|
|
0 |
|
|
0 |
|
1 (2022) |
|
156,933 |
|
|
156,933 |
|
|
19,617 |
|
2 (2023) |
|
366,620 |
|
|
523,553 |
|
|
36,662 |
|
3 (2024) |
|
480,000 |
|
|
1,003,553 |
|
|
40,000 |
|
4 (2025) |
|
480,000 |
|
|
1,483,553 |
|
|
40,000 |
|
5 (2026) |
|
480,000 |
|
|
1,963,553 |
|
|
40,000 |
|
6 (2027) |
|
480,000 |
|
|
2,443,553 |
|
|
40,000 |
|
10 (2031) |
|
480,000 |
|
|
4,363,553 |
|
|
40,000 |
|
16 (2037) |
|
480,000 |
|
|
7,243,553 |
|
|
40,000 |
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