Bitterwasser brine target of 2,000 sq. kms v SQM Atacama brines of 1,100 sq kms. Upside potential is staggering. SQM supplies one third of global lithium supply from Atacama. First pass EM survey underway for a total of 2,000-line kms. AM7 has identified commencement of brine filled structures at a depth of 50m with EM able to define brine filled structures to a depth of 300m (first pass evaluation).
Atacama has lithium brine filled structures to a depth of 900m. So conceptual lithium brine potential at Bitterwasser has conceptual (speculative) potential to rival or exceed SQM's Atacama lithium brine resources valued in the multi billions USD. Remember Paladin working in the same Nambian desert (uranium) went from 1.5 cents to $9.00. IMHO we have similar potential here. Please note that my guesstimates are speculative BUT AM7 has already made references to comparison with Atacama. Good luck to all longs.
AM7 Price at posting:
32.0¢ Sentiment: Buy Disclosure: Held
