LKE
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2.94% 3.3¢ lake resources n.l.

LKE towards TOP-5, page-15189

  1. DG4444
    1,881 Posts.
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    06/11/22
    11:40
    Post #: 64612524

    Hi Mozza, are you certain that you can safely say that?


    IMHO the conversion of Lithium Carbonate = 0.871 x Lithium Chloride

    https://casetext.com/statute/california-codes/california-revenue-and-taxation-code/division-2-other-taxes/part-25-lithium-extraction-tax-law/chapter-2-the-lithium-extraction-excise-tax/section-47015-conversion-to-to-lithium-carbonate-equivalent


    Your statement of Lilacs demonstration plant 40 tpa Lithium Carbonate Equivalent output, IMHO means that the output equates to about 45.9 tpa Lithium Chloride.


    ADIONICS CL250 pre-industrial module Lithium Chloride output of 250tpa is about 5.44x the Lithium Chloride output of Lilacs Demonstration Plant.


    Which sort of makes Lilac’s Demo Plant, well, is somewhat less than pre-industrial…


    Could you ask Stu or Dave to confirm when you next have a chat just to be safely certain.


    Thanks

    LKE Price at posting: $1.08 Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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