FBM 5.00% 1.9¢ future battery minerals limited

Ann: Large Scale Lithium Discovery Confirmed In Nevada, page-28

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 3,365 Posts.
    lightbulb Created with Sketch. 207
    Hello. I personally lack knowledge also. However, this is a clay deposit, therefore is to be differentiated from hard rock deposits and salt (lake) deposits.

    100ppm = 0.01%
    1000ppm = 0.1%
    10,000ppm = 1.0%

    766ppm or 0.0766%, per today's announcement, would be fantastic for a lithium lake brine deposit, but terrible for a typical 1% hard rock deposit

    Therefore, you need to compare today's results with similar American claystone deposits. I may be posting my quick research on this shortly.

    >>>
    Last edited by GKeden: 04/08/23
 
watchlist Created with Sketch. Add FBM (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.