Lithium mica is virtually worthless at the moment and will remain so until a process to extract it ECONOMICALLY at a PLANT scale can be demonstrated. Worse still in this instance is the low grade (mining costs high) and granite host (crushing/grinding). Even though there are credits for other minerals, that complicates the proposed plant design further.
There are good reasons why this is so cheap despite the large quantity of contained lithium. To compare this project with spodumene or even brine projects is unrealistic.
Comparison, page-73
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Last
15.5¢ |
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0.005(3.33%) |
Mkt cap ! $32.15M | |||
| Open | High | Low | Value | Volume |
| 15.0¢ | 15.5¢ | 15.0¢ | $18.44K | 122.2K |
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| No. | Vol. | Price($) |
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| 8 | 69555 | 14.0¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 15.5¢ | 22848 | 1 |
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