Josho
LAC bought Pastos Grandes for US$400M. Like you said.
Same coverage area. Measured 2M tn LCE (4M tn M+I).
NPV US$1.6B (calculated at LiCO3 @ US$13,000 !!! and technical grade US$9,000). DFS done in 2019.
Go figure once you crunch updated numbers
Also note that they have Mg/Li ratio of 8:1..... Olaroz is only 2:1... which means we need 4x times less expensive chemicals to precipitate the Magnesium.
For Specific Yields, they use the following assumptions:
And below you have an idea of the different units they have underground... so mainly half Lower Clastic Unit (~14%-17% yield), other hal f is Halite which yields bugger all (1%-3%).
Also note alluvial fan yields high as well, our northest tenements sits on the alluvian fan
Ann: Advancement of Drilling Programme at Solaroz, page-31
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