Mike Niehuser: As far as production goes, I don’t
Mark Jensen: Yes. We could start generating revenue in 3 months. I mean, there is some work we got to put cap which is the tax and bond will fund. We are bringing infrastructure for the processing plant from other plants we already have that are idled and not being used and then but it’s, within months, we can start generating some revenue on the €“ that’d be development revenue, though. But within 6 months and building in a little bit of cushion for myself, we can be producing at pretty good €“ pretty safe state.
Mike Niehuser: But I’m a little ignorant here are totally is €“ aren’t you’re going to have to build a plant, or is there an existing plant that you’re working on?
Mark Jensen: Yes, Wyoming County is a really attractive complex and said, the way that we developed it, and the way that we have €“ the way that it’s set up, and the way that our plan has been developed is there is two deep mines that would built directly into the processing plant that already is onsite. We were €“ we are going to upgrade that plant using a lot of the infrastructure we already have and equipment we already have at various projects. So we will €“ that will be the focus is developing the deep mines and upgrading the plant simultaneously. There is a real load out onsite as well that accesses VNS, Norfolk Southern Rail. So it’s why €“ we paid over $26 million for this complex and we bought it a number of years ago, the reason we bought it is one it’s fully permitted to it has the existing plan on site that can be upgraded quickly, got the two deep mines within a strata that is very similar to what we already mined in Kentucky, at the Carnegie mines.
And so it’s a a relatively straightforward development plan. And, and a low risk development plan given what’s already on site there today.
Mike Niehuser: Excellent, thank you for that tutorial on that, I appreciate that. Don’t €“ you have a lot going on. And Wyoming County doesn’t get a lot of press except for the bond in the last couple of years. So thank you for your patience. Moving on to the ReElement, I am really quite interested in the spodumene, and your ability to co-locate, it seems that, there’s so many of the €“ there’s like, dozens of lithium companies out there, you know, resource companies that each have their own kind of like Black Box or bag of tricks to be able to concentrate that the lithium to ship. And I just want you to €“ tell me if I got this right, but it sounds like, you’re talking to lots of people, there’s really an opportunity.
But I’m wondering, it’s sometimes disruptive technologies have a tough time penetrating until it’s seen that it really is lower cost. And I’m just wondering if you have the flexibility, to be able to dominate that space, in terms of the really the difficulty that lithium companies are having to be able to produce the concentrate. And the reason for the long questions, I am just I don’t want to overstate that. But it just seems like you’re in an excellent position in a market where if this easy thing is going to work out, lithium is going to be, kind of one of those critical items that it really rises to the top and being scarce. And so how do you see you fitting in from an industry level as being the go-to technology to be able to, for the initial extraction of lithium production to spodumene?
