Energi on their 23,200 hectares Rincon project has a resource estimated at 410 tonne LCE per hectare.
on this note as it is the same salar AGY have 654 hectares X 410 tonne LCE = 268,140 tonnes LCE.
To halve this for economics, recoveries and so on, AGY should have about 130kt LCE in the proven category, or 10 year mine life to produce 13,000 tonne per year of LCE on Rincon alone.
DYOR
Hopefully we get a presentation or announcement with the grand plan and they quote the energi DFS.
Ann: RINCON LITHIUM PROJECT EXPANDED BY ADDITIONAL 460HA-AGY.AX, page-57
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Mkt cap ! $21.83M | |||
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