LEL lithium energy limited

Ann: Significant Solaroz Upgrade to 2.4Mt LCE Indicated Resource, page-25

  1. 140 Posts.
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    The specific yields here are roughly in agreement with what Allkem has used on the same salar: https://www.juniorminingnetwork.com/junior-miner-news/press-releases/1262-tsx/ake/138484-olaroz-resource-increases-27-to-20-7-million-tonnes-lce.html

    Galan's numbers seem off as they have a big LCE resource but only managed to squeeze out a 100k LCE proven reserve (just enough for 5 years at 20ktpa despite claiming a 40 year LOM).

    LEL should be sitting much closer to GLN's market cap already. LEL's tenements are much easier to work with also.
    Last edited by JasLit: 30/10/23
 
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