I don’t think you can really compare soft rock and hard rock in such a straightforward way - certainly not by ore tonnage. The neatest comparison would by the convert the resource the LCE and compare the ratio. But even then it’s a totally different process and cost structure.
I’m not in INR but I do have a couple of other small cap soft rock plays so I’m absolutely loving the Rio rumours.
If Rio took out INR it would light a fire under the whole lithium sector (but soft rock in particular). Until now Rio have stayed away from lithium, opting to cash in on the EV revolution via more conventional metals like nickel and copper. A change in that status will be good for everyone!
Good luck on INR, hope they offer you a motza!!
Ann: Change of Director's Interest Notice - A Cipriano, page-115
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