Yep RJ this is exactly right and personally I still think alot...

Yep RJ this is exactly right and personally I still think alot of people still dont understand this. Its the process that matters most, and yes the process is rocket science, and each company currently producing BG LCE or hydroxide guards their secret process strongly. Alot of investors IMO seem to incorrectly just be interested in ppm levels. Yes a high ppm is a good indication but it doesnt automatically mean that the resource will be commercial if the resource is small and/or there are chemicals in it which are hard or very expensive to remove. It really comes down to what is the chemical properties of the brine, how hard is it to access the brine and most importantly how much will it cost to build a commercial plant and what are the operating costs for producing the end product. At the moment we know our brine can be accessed easily and flows to surface under its own pressure. We also know that the CC brine, even at a lower ppm level, can be processed into LCE and hydroxide, but not quite yet to BG level, but Lilac is very confident that they will be able to do this and that is the point of the pilot plant so they can produce at a larger scale to test and refine this process. The 2 big things we dont know yet are the CAPEX and OPEX costs, but the way Bruce is currently putting the majority of his focus into fast tracking the pilot plant design and construction, hopefully once it is up and running and producing we will get those answers in a PEA or PFS not too long afterwards.

Then the other missing piece of the puzzle is obviously how big the resource is and the 2 re-entries which will occur shortly will provide the data for our initial JORC.

As Bruce said...."our apple is not fully grown yet but it is expected to grow into a superior grade apple".
Love this analogy and loving these updates and photos at the moment.