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They had to report something they’ve done nothing else in the...

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raynor

574 Posts.

96

26/05/22

17:48

Post #: 61644130
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Originally posted by Weally: ↑

They are terrible in terms of lithium and caesium grades. (10,000ppm = 1%) and (1 Li = 2.152 Li2O) is what you need to know.

56m @ 0.02959% Li2O doesn't exactly do much to excite, when every other lithium company is pulling 1% Li2O out of the ground.

The caesium results are even worse. One of the best recent Caesium (Cs2O) deposits was Sinclair, and they graded their whole deposit at ~7%.

56m @ 20ppm Cs (0.00207%).

It's pretty insane they're serving this to their shareholders as "potential", arguably even deceitful.

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They had to report something they’ve done nothing else in the last 6 months .
Market wasn’t fooled though.

NAE Price at posting: 1.0¢ Sentiment: Hold Disclosure: Held
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