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Lithium, page-43

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TAKEOFF

4,326 Posts.

475

30/07/21

22:42

Post #: 54921599

Originally posted by 1for1: ↑
Time does not change Sayona's ore grade sorry to say, the JORC ORE Reserve is where you are advised to look on the Sayona website (below) The tiny resource is the kicker! I say Meme stock as seemingly people buy it without knowledge of appraising value of an asset and if it is represents value (or not). Most appear to buy based on a link to Tesla and thinking Quebec being in North America is good?).

Authier Project | Sayona Mining

Resources and Reserves

Authier JORC Mineral Resource Estimate (0.55% Li₂O cut-off grade)

Category Tonnes (Mt) Grades % Li₂O Contained Li₂O
Measured Resource 6.58 1.02% 67,100
Indicated Resource 10.60 1.01% 107,100
Measured + Indicated Resource 17.18 1.01% 174,200
Inferred Resource 3.76 0.98% 36,800
TOTAL 20.94 1.01% 211,000
Note: The Ore Reserve Estimate is inclusive of dilution and ore loss.
(Refer ASX announcement 24 September 2018)

I look at valuations and i invest where i see the most potential, there is a stack difference between the assets FFX has and the value that one day can be unlocked, i think Alistair and Mike are up to the task - i am very excited about what might evolve in Mali under Firefinch
Expand
there is also Tansim not to mention the lithium tenements in Australia and less political risk in Canada then Mali. Also located near to the largest future user of lithium in the world being the US market!

Last edited by TAKEOFF: 30/07/21

FFX Price at posting: 40.0¢ Sentiment: Buy Disclosure: Held

1 Upvote

1 Great analysis

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Category	Tonnes (Mt)	Grades % Li₂O	Contained Li₂O
Measured Resource	6.58	1.02%	67,100
Indicated Resource	10.60	1.01%	107,100
Measured + Indicated Resource	17.18	1.01%	174,200
Inferred Resource	3.76	0.98%	36,800
TOTAL	20.94	1.01%	211,000
Note: The Ore Reserve Estimate is inclusive of dilution and ore loss.

Lithium, page-43

Top Stories

Olam Agri raises Namoi takeover offer to 75 cents a share and receives shareholder backing

Mako sniffs gold at 170 g/t at Cote d’Ivoire's Napié play

Medallion Metals kicking off 15,000m drill run at Ravensthorpe gold play

Week 37 Wrap: HotCopper likes Cuban oil; markets shrug debate off for Putin; firebrand quant says social media a market threat

Dale Gillham's weekly wrap: US fracking support boosts outlook for Australian gas stocks

Vulcan appoints investment bank and M&A veteran to board

Antipa divests its Citadel interest to JV partner Rio for A$17M, refocuses on Minyari Dome

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