ETM 0.00% 2.1¢ energy transition minerals ltd

Ann: Agreement to acquire interest in lithium project, page-23

  1. 786 Posts.
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    Yet another disingenuous Board who are attempting to deceive shareholders by reporting in Li2CO3 rather than the industry standard of Li2O AND by excluding numbers from their averages to make the grade look better.

    Let's crunch those numbers shall we. Let's average all their samples 53996ppm/12 = 4499pm Li2O = 0.449% Li2O.

    Hmmm a 0.449% average Li2O grade isnt looking so great when the company tries to spin it as 2.79%.

    https://hotcopper.com.au/data/attachments/4509/4509522-58a49193076a07697a6da0b991b531d4.jpg


    https://hotcopper.com.au/data/attachments/4509/4509519-21c77eb18f5a3fd8e257064a29b077b7.jpg



 
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