EMH 0.00% 16.0¢ european metals holdings limited

New Production Target Soon, page-48

  1. 4,089 Posts.
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    "On the other hand, it is somewhat unfair to say that the resource is only "34.5Mt at 0.65% Li20" because the ore is magnetic (compared to other spodumene, brine etc...) and can be upgraded to 1.7% with very little effort".

    I would appreciate that holders of this share would not utilise the terms resource and reserve interchangeably, they carry different meaning.

    Resource = 695.9 at 0.4% Li2O
    Reserve = 34.5Mt at 0.65% Li2O

    https://hotcopper.com.au/data/attachments/2730/2730866-e73b4a4da4d051b0e21100c9ac19146e.jpg

 
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