Just for comparison reference, AGY, less than 3,000 ha area. (LEL 12,000 ha).
Their proposed expansion to 10,000tn LCE will stretch their tenements surface (SEE BELOW), 20,000tn will be more than a challenge.
AGY resource less than 300,000 tn LCE. If my calcs are not wrong, we can get 100,000 tn LCE out of 1 bore on Mario Angel tiny parcel, upper aquifer only. Hopefully LEL will unveil Millions of tonnes on the rest of the concessions with a good degree on certainty as per current findings.
AGY Lithium concentration is ~ 300 mg/L. This proves than this concentration is OK for ponds.
AGY had the balls to press pedal to the metal and dive into the project. We are expecting same from LEL following AGY adventurous successful step.
Lastly, AGY cap ~$500M (own 75% of project). More than x10 value of LEL.
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