LEL 0.00% 37.0¢ lithium energy limited

Ann: Major Lithium Brine Discovery at Solaroz Project, page-166

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  1. 1,416 Posts.
    lightbulb Created with Sketch. 2024
    All the back and forth in here, about what RIO paid for Rincon what GLN is worth etc, it's pretty simple.

    RIO paid big $$ for Rincon because they got one big fully connected resource, that's valuable, LKE are valued in the billions because they have got one big fully connected resource that's valuable, even though GLN is a far better resource chemically, than both of those in pretty much everyway, it's bits and pieces here left over edges not attractive to big companies to buy or partner into.

    LEL has best of both worlds it's on par with GLN in terms of quality and our main target is one big huge connected northern tenement with scans showing 350m of thick brines, all we need is to get the rig there ASAP stop ducking around with the small tenement and crack this thing open, they prove up our grounds it's worth billions and companies will lining up.

    That's it stop comparing LEL to GLN/Rincon/LKE or anyone else, if they hit big in the north it's better than all of them by a distance that's the gamble.

    Here are all the numbers they don't lie...
    https://hotcopper.com.au/data/attachments/4859/4859297-71a4b698e09163e1d542877ee2de2172.jpg
 
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