Well said buddy.. Couldn't agree more.
We both know that the size of current MRE doesn't really matter for now. By this time next year it could be 20Mt, 30Mt even 40Mt - who knows. The team has been using high tech, low cost exploration methodologies, more resources will be delivered much faster than what CXO did in the past.
What really matter is who (and how fast) will actually get to production.
Without having a high tier support (in our case, Canmax, CATL) - I doubt if any front runner with larger size, GL1, WC8 (to name a few) will get to production by 2030, or never. They will be nothing more than TO targets, against LTHs' wish.
This team lead by Dr. Bin, is wasting no time at all.
Next series of news - would be mine lease approval, FID/DFS (alike) for non-dilutive financing in which Canmax will invest 50%.
By early 2027 (if not end 2026) when Lei ore starts heading north to Canmax, Lithium Carb price would be 2x what it is now if not more.
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Ann: Excellent Outcomes from Metallurgical Test Work on Lei Depos, page-8
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