We were at this SP 10’months ago, June last year. Now we’re just a week or two from commissioning and/or operating the pilot plant. Surely, the SP has much room to move upon validation of LOH-max using the feedstock from Portugal.
So this is what the pilot plant is going to accomplish -
- the tech works at industrial scale
- the alvarroes feedstock is compatible with the current parameters
- the FFS is strong with verified numbers
- we’re ready to proceed for P1
So in a week or two, it’s not just all about the the value of the tech, it’s also about a clear path to monetising the entire project from ground up.
This has been like 6-8 years in the making
Remember, the team at SM run out of work to tinker with during the iron ore downturn and the team got together and decided to experiment on the tech, initially to produce fertiliser
Now from a farm fertiliser to wallet fertiliser, Lpd holders have a very fertile and fruitful wallet ahead of them.
More patience, and we’ll get there. Surely we’re a more valuable company than last year.
Cheers
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