E25 1.72% 29.5¢ element 25 limited

E25 - Lake Johnston, page-23

  1. 3,003 Posts.
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    Since that post, lithium prices have continued to crash and modestly rebound. TG6 has fallen back to barely above EV.

    A new development today is Min Res doing a land grab for 86sqm of tenement, buying the Poseidon Nickel plant to the North and intending to convert it into a lithium processing hub. The timeline for that could be comparatively quick because a lot of the difficult consents may already be inplace. This is likely to increase the interest in Lake Johnston tenements, but a long drill intercept or following that JORC resource in the area would certainly help.

    https://hotcopper.com.au/data/attachments/6038/6038379-060a55646553f9d4df2634f6bfec150b.jpg
 
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