Ann: Maiden High-Grade Lithium Resource declared at Lei, page-40

Could be but don't forget LPM has many other advantages which others don't..


Location - a few km away from port, a few days to China
Logistics, Transport path - CXO has done all the hard work for LPM
CATL - whose goal is to get high grade deposit for their long term supply

Bin/Simon - clearly said (more than once and recently) that they will be mined without doubt.

I'm not a geologist but to me, deep, direct or underground mining wouldn't be harder than Canadian mines..

Superbad weather condition, logistic, transport etc.. many keep declaring high grade MRE but still no realistic answers how they will be mined to be profitable.

Here, dry land high tech, high geology professionals -

Nothing is impossible.

Not all Lei resources are at depth. There are quite a lot between 50m and 300m