Doesn't take a genius to work out the market [and China] doesn't want eucryptite - when was the last time you heard of a company buying a Eucryptite Concentrate?
Isn't that just the result of the relative rarity of eucryptite though, rather than the market rejecting it? If the demand and pricing for lithium supports China attempting to extract it from lepidolite, why wouldn't eucryptite be seen as a viable source? Genuine question.
How are two sub-100$ million companies going to fund a WOO flotation and a smelting plant? The answer: they can't.
That's true of any exploration junior though. Isn't the potential commercial return on the resource a starting point for financing it? If market demand and pricing supports it, if they can't raise the capital themselves surely a JV partner or buyer could be found (even if eucryptite isn't seen as particularly attractive)
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