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Ann: Initial metallurgical tests Generate Positive Results, page-346

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Lithibull

316 Posts.

2

22/01/17

14:29

Post #: 22059077
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Originally posted by binwood ↑

Fact 10% of pegmatites drilled doesn't necessarily equate to only 10% of the lithium, and from minerology we saw yesterday certainly doesn't mean only 10% of the Spodumene.

Fact those approaches from all accounts were 9 months ago and none since that have been disclosed. Approaches 9 months ago are irrelevant to now. Besides with share price where it is KDR would be lucky to get an offer for 80c a share. You could have sold for that months ago.

Fact there is a long way to go (time and dilution) before the gold will be supporting current valuation if the lithium isn't viable.

Fact it took Galaxy 7 years and two goes at the lithium game to get the process flow sheet to spec to allow 6% concentrate and there are still plenty of murmurs it's not great.

Fact, most of your facts were really not facts at all and just opinions....same could be said for my 'facts' above

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GXY market cap shouldn't really be compared due to their other assets that they hold. (SDV is one of the best brine deposits in the world and James Bay is a very good hard rock deposit)

KDR Price at posting: 56.0¢ Sentiment: None Disclosure: Not Held
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0 Great analysis

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