LPM 6.67% 14.0¢ lithium plus minerals ltd.

Ann: Exceptional 127m mineralised Pegmatite intersection at Lei, page-46

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  1. 1,474 Posts.
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    Both Bin and Simon keep mentioning about MRE in this quarter..

    They would've known minimum MRE size to be very confident.

    The words Simon repeatedly used was "likely high grade" for 127m long pegmatite.

    Of course, he wouldn't have said this if the probability was low.

    Also, the better grades are usually found at depth.

    The project is only 50km away from port of Darwin with all infrastructure already in place.

    Digging deeper wouldn't have any issue, maybe more cost but better grades would mean more revenue.
 
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