Hii am new to both ore and gxy.Late to the mining sector, so a...

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Phantom77

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04/08/21

06:03

Post #: 55008658
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Originally posted by butcherboy: ↑

I'll do my best, with little or no research...

1) What’s ORE’s other brine play like and what have ORE got planned to do with it?Cauchari? They plan to develop it and utilise Olaroz infrastructure where possible. Olaroz stage 2 is progressing in advance of this though. The history is that is was sold off to Advantage Lithium to do all the drilling and resource estimation, then when this was done they bought it back again. The resource is estimated at 6.3 Mt lithium carbonate equivalent (measured, indicated and inferred). Coincidentally, Olaroz, Sal de Vida and Cauchari are all pretty much the same resource figure.

They do own other brine exploration properties in Argentina, that no one really talks about (still listed as being owned by Advantage on the website). These would be a long way off in the future. Cauchari is 100% ORE now, as are the rest of these properties.

2) The Hydroxide plant in Japan is built to use the primary grade Carbonate from Olaroz, can it also use spodumene, what upgrades need to happen for this to occur?I guess they would need to build a converter for spodumene to lithium carbonate, I doubt they are planning to do this, but you never know. I think the Chinese do it very cheaply so it's probably not on their radar because of that, but I don't really know.
3) Anyone think that ORE or the merger identity has any plans to go after the NAL bid?Don't think so, I think they have enough on their plate, plus GXY/MergeCo has James Bay which is also a North American asset.
4) What’s the general vibe over here regarding the merger?Very positive! But we're a quiet bunch.

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Hi

i am new to both ore and gxy.
Late to the mining sector, so a bit cautious about sp i paid to get into ore n gxy.

i have read on HC that sp may drop on the new MergeCo, cos sp has been hyped up due to the forthcoming merger.

is this likely or has the sp for both stocks gone up due to strong fundamentals and increasing lithium price

ORE Price at posting: $8.45 Sentiment: Hold Disclosure: Held
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0 Great analysis

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