Ann: Largest JORC Lithium Resource In Europe, page-16

Alex _suggests_ that some are. Do note Gerrit Feulling (highly recommended following if you are interested in everything Lithium) comments on some of his posts, and the lack of answers. Also bear in mind that Alex = Jade Cove Partners. He gets paid of the money that Vulcan raises. In between all there is a lot of salesmanship, so remain critical of what is written, and certainly what is suggested.

Simbol went bankrupt, by the way. And not because they demanded over a billion dollars. I guess Alex leaves that out.

There is an update call from E3 Metals Corp later today, mainly geared towards the DLE process, maybe they will explain why Livent is spending 5m$ on research and proving out a process that they already use and is de-risked (according to Grant/Vulcan).

DLE is an interesting process, if someone gets it to work to scale it has interesting advantages, however it is nowhere applied yet on scale. Let alone whether it actually is economical, the best insight in finances provides the Lanxess/Standard Lithium project, however they as well need to prove it acutally works on scale, and within the costscope. Imho Vulcan in its marketing efforts writes at the very least vastly over-optimistic borderline plain untrue. It is not the resource that will make this project work, plenty of similar resources around, it is the knowledge and IP that will. And probably access to cheap reagents, since that is the cost driver for economics in the DLE process. Imho they are midguiding investors in this respect by suggesting this is a process already used by established players in the Lithium field - it is not.