Based on Li @ $6,000 US p/tonne,17,000tonne production expected over a minelife of 127years gives a very very rought estimate of the full valuation on rincon without going into PE,production costs,etc...
LI $6,000 US p/t x 17,000p.a. =$102million US p.a.
$102million US p.a. x 127 years= $1.5trillion US dollars.
very basic valuation but the bottom line is, Rincon Salar is huge!!
Hope this has given some food for thought!! A sticky hold for me thanks!!
JSTAR
rincons full valuation
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