This this is atleast a 1.5Mt resource, which is more than enough for out starter 10,000ktpa…
Koch wanted this I believe, or LG. Basic internal risk management policy would forbid any investment in a company without a JORC, NO JORC = NO RESOURCE
Before this announcement, Green River was nothing but claims. Now it’s a minor resource which can actually be invested into, it actually legally exists now…
Just my thoughts…
P.S as they only used the top 50% of the aquifer, could one assume if they use the bottom 50% the Li ppm would dramatically increase as heavier particles would sit at the bottom of the aquifer. For example if you get a glass of water and sand, you mix the sand into the water it will be fairly dispersed, but if you let it rest eventually the heavier sand would sink to the bottom…. Could one assume that the minerals we want would be in a higher concentration deeper in the aquifer given this????
ASN Price at posting:
5.0¢ Sentiment: Buy Disclosure: Held
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