Validation of resource, awesome. This is just the beginning....

Validation of resource, awesome. This is just the beginning.
Correct me if I'm wrong, what this means for LMAx is a massive prospect.

30,000 tonnes per annum is needed by LMAx P1 to produce 3,000 tonnes LCE. We now have enough feedstock for Phase 1 for at least the next 30 years for one LMAx plant. How?
Sources:
Alvarroes, produces feedstock for at least 10 years
Pioneer, produces feedstock for at least 5 years
Separation Rapids, present commitment is to provide 15,000 tonnes per annum, half the annual requirement
...............hence, if Separation Rapids provides 1/2 of the requirement, then, the resources from Alvarroes and Pioneer Dome will need to supply only half of the yearly requirement, effectively doubling their currently mentioned LOM.

30 years x 3,000 tonnes x usd12,000/$0.75 = $1.44 billion aussie

......out looking $1.4 billion profits from these 3 sources alone. Of course we're not even mentioning tailings from MC, JB, Lemare or other feedstock sources which will be required to support our full LMAx.

But this I can say, when LPD said Alvarroes is shaping to be a large resource, they're not joking. I'm solely focused on LMAx 1, then retire to live a modest lifestyle.

Come on Mr Bacchus, start finalising some off take agreements please.

LPD onward and upward.