Re: Jon Evans @ Benchmark Week 2021
in response to
by
posted on
Dec 08, 2021 12:02PM
Hi Pavel,
New here but I've been a lurker for about a year, (the guy who brought the convertible hedge q up on TOB. Feels like I personally know the gang - Hi folks!)
I can shed some light onto my findings surrounding C-O production dates, funny because just the other night in doing some research, I decided to look up Argentinian news outlets that covered LAC, specifically anything on the Argy execs (Franco Mignacco, Ignacio Celorrio). Stumbled across a long form interview with Franco and watched the whole thing (I'm of arg descent so speak the language).. and he gave some specifics where he details they will start an intial test of the product in June or July to test purities and such, and this process takes between 3 and 4 months. That puts us around November-ish. Now he also made it clear that there is an obvious "ramp up stage" where it will take into 1H 2023+ to produce the expected Phase 1 40k and it isn't immediate.
I believe phase 1 of CO leave about 4K tons of LCE to LAC for selling to whom they please, after accounting for their share going to Ganfeng to sell at market rates.
Exciting times to come for us in 2022!