just a public service announcement:
mbot thought LKE was a screaming buy at $2 and above, he is currently sitting on a 75%+ loss, so clearly an investing expert which is further exemplified when he calls ASN low grade at between 100 and 200ppm when his own holding LKE (he doesn't post on the forum anymore due to embarrassment and being found out as a shameless fanboi) has a grade of 178 to 212ppm, down from the 289ppm used in the PFS, he classifies this as high grade
this is how high grade LKE is, in the bottom 2 on this chart from their own PFS, and it took them over a year to release the expansion drilling results which reduced the average grade to less than 200ppm
furthermore, ASN have successfully run tests on our brine and sunresin ion exchange mats, proving a recovery rate of around 90%, meanwhile LKE sent a bunch of lithium eluate (thoough significantly less than they announced they would) to saltworks to be converted to LCE 2 months ago but have heard nothing back, recovery rates were not reported and lake have scrapped all timelines with their project currently.
just to point out the obvious aswel, a resource is only worth anything if you can extract it, ASN have proven they can, LKE have not
just a reminder, THIS is his HC signature:
Beware the self appointed experts they only lead you up the garden path.
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just a public service announcement:mbot thought LKE was a...
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