GL1 4.26% 22.5¢ global lithium resources limited

GL1 Megathread, page-1116

  1. 376 Posts.
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    Hi 88,

    Keep in mind that all the resource numbers in the chart are measured in million tonnes of LCE, which is the standard for comparing different types of projects (i.e. Hard Rock, Brine and Clay). When people are talking about exploration targets above they are referring to the Total Ore of which some percentage is Lithium Oxide (e.g. 1.02% Li2O), which can then be converted into million tonnes of Lithium Oxide (i.e. Mt Li2O), which can then be converted into million tonnes of Lithium Carbonate Equivalent (LCE) for comparison to other projects.

    The 2nd thing is that the chart above is focused on Measured & Indicated resources, so it excludes Inferred.

    For GL1 I have the following across both Marble Bar and Manna:
    https://hotcopper.com.au/data/attachments/5149/5149470-90fbee95a6b792eae7f74b8e19bbb42e.jpg

    Let me know if you spot any errors.

 
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