Not sure whether anyone noticed but an iceberg bid appeared towards the close @ 47.5c, soaking up anything and everything.
Now price action is king and this is the kind of sneaky buying that gets my attention, so a little digging required...
The 50g/m3 was just an estimate by Li3 Energy. The 1250mg/L however was measured. I skimmed the "Technical Report On The Maricunga Lithium Project Region III, Chile".
While I doing so I came across this most interesting comparative chemical composition table...
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Only Salar de Atacama has a higher Lithium component in their brine.
But it gets even better, from the same report...
Now read the following extract from today's Maricunga update...
Connect the dots folks... no bloody wonder the sneaky soaking we saw today.
Going much higher imo.
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