Oh dear Lord. Please point to my post where I stated 60%? Exactly, you cannot.
What I did point out, after it was highted by Newby1, was the fact there is a clause in the agreement between LKE and Lilac that clearly states that as the grade drops below 250mg/L, that the required recovery also drops by 0.5% for every 1mg/L below the 250mg. So for the measured resource of 210mg/L, it would mean Lilac still meets the agreement even for a recovery of 60% .
Note that this announcement is once again very vague? They state the brine grade was 200-300mg/L. Ok, so what was the average grade? Was it closer to 200mg? or was it closer to 300mg? What is the average? If 200-300mg has a mean of 250mg, then they are still on the threshold of the requirement.
Details matter mbot and once again this company fails in providing details.
You do realise if the recovery is closer to 60% for 200mg/L, then the final recovery from brine to carbonate will be closer to 50%. You do realise this yes?
Which begs the question. "What was the actual brine grade use to produce the 2500kg LCE"? It also begs the question. What is the recovery rate from chloride to carbonate?
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