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1.2¢ brazilian critical minerals limited

Ann: Exploration UPdate, page-125

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fmx_rider

2,619 Posts.

492

22/01/21

15:08

Post #: 50379909
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Originally posted by butcherboy: ↑

I thought it was an exemplary start.

Be wary of VUL, their PFS is very risky with some unjustifiable assumptions, such as brine flow rates, their lithium grades are very low, they are using a new, untested lithium extraction process, and their assumptions for the geothermal power plant are questionable. Otherwise, I quite like their project.

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Thanks for the tip. I had read your posts. Fortunately I was in early many bags ago. Will keep watching closely. Expect some action when off takes are announced.

BBX Price at posting: 34.0¢ Sentiment: None Disclosure: Held
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