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Ann: Approval for Western Strategy Resource Expansion Drilling, page-89

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the technician

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05/10/22

19:23

Post #: 64048519
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Originally posted by the technician: ↑

Just looking at SB and MC depths over CZ and Ole Miss and MC 625ft or 190.5m and SB 611ft or 186.23m so totals an additional resource depth of 376.73m @ LC specs were a aggregate depth of 182m inclusive so ,
Considering all other metrics are consistent :
LC 182m = 239k Mt of Li2CO3 indicated
MC 190.5m/182m = 104.67 % or a 4.67% increase or 239000 + 4.67% = 250,161 Mt indicated
SB 186.23m/183m = 102.32 % or a 2.32% increase or
239000 + 2.32% = 244,545 Mt indicated
totaling 733,706 Mt
+ CC 233m/182m = 128.02% or 28.02% increase or 239000 + 28.02% = 305,968 Mt indicated
so with LC CC MC SB the total is 1,039,673.8 Mt indicated, BUT we all know that CC PPM is far greater on average than LC so it will probably be more !!
FYI all the depths are from today's announcement, CC additional CZ announcement and Significant resource upgrade announcement !!
AIMHO GLTAH DYOR REGARDS TT

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Also if MC and SB prove to have significant additional CZ and higher ave PPM like CC then this will substantially increase the indicated resource it could rise to 1.5million Mt or more in indicated resource once finished ! REGARDS TT

ASN Price at posting: 32.5¢ Sentiment: Buy Disclosure: Held
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