LEL 0.00% 36.0¢ lithium energy limited

Ann: Major Lithium Brine Discovery at Solaroz Project, page-123

  1. 2,688 Posts.
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    Not much to argue, I think we are both right.

    I wasn't valuing the resource, just quantifying it.

    indeed when you start valuing, you will look at quality too. 400ppm is excellent, and low Mg:Li is around the best of all Salars (this makes also huge difference on reagents).

    I recall Rincon Salar (Rio Tinto's $850M investment) was also 400ppm and Mg:Li of 10. LEL only 2.3 (in sync with Orocobre quality).

    Ponds are cheap, evaporation is free from Sun.

    I still suspect concentration will test higher in next drill holes, in line with AKE and LAC results.

    I hope they get 2 or 3 rigs running in parallel. Santa Claus is coming.

    PS, what's the value of all available infrastructure running on your own tenement.... hehe




    Last edited by PirataCzornomaz: 25/10/22
 
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