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Does anyone know how to better interpret the Lithium discovery...

  1. Kerbifer
    619 Posts.
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    04/10/22
    12:02
    Post #: 64016005
    Does anyone know how to better interpret the Lithium discovery value? I note that the grades are around 150% to 200% higher than Core Lithium's (CXO) Spodumene which was just sold off at auction.

    • Do we have any idea of what is below the surface in terms of tonnage/size?
    • Are the chips sampled a reasonable and good grade reflection of that below the surface?
    • Is the grade likely to be averaged down when mined/refined?

    Any info/interpretation appreciated.
    Last edited by Kerbifer: 04/10/22
    WIN Price at posting: 24.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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