JLL 8.16% 26.5¢ jindalee lithium limited

Ann: Excellent intercepts from RC drilling at McDermitt, page-7

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  1. 13,626 Posts.
    lightbulb Created with Sketch. 4845
    The conversion is easy mathematically - divide by 1,000,00, times by 100. So 1669 ppm converts to 0.17%

    BUT, it is meaningless to do this (whether you are talking Lithium or REs). Clay deposits and Hard Rock deposits may result in the same end products, but as investments they are very different.

    If you want to know what JRL's grades are like, compare to the other clay deposits (see the JRL Presentations or do some research).

    The real decision is whether you want to invest in Lithium via Clay deposits or via Hard Rock deposits. Both have positives and negatives.

    ...
 
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