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clock Created with Sketch. 14/02/19
16:54
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Originally posted by Barry Smithy
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It's unfortunate the market doesn't understand the nature of brine deposits and I guess you can't blame them. Halite bodies have very high near surface permeability, meaning you can drill a hole in the ground and it will fill up from the surrounding areas due to the surface sediment being very porous. By not drilling that deep it allowed for AGY to spend more money on developing ponds, pilot plant, pumps, infrastructure etc. But you need to make that very clear because most investors don't take the time to research anything. These salars have been studied for decades all the information is already out there if you bother to look.2.15Mt LCE at 1,160 mg/l & 5.7 Mt KCI at 8,500 mg/l
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What people don't understand is the higher the magnesium content the higher the costs of extraction and impurity levels may not meet Battery Grade.HOMBRE MUERTO
(20min delay)