Always suspected and thought it highly likely that given the orientation (SW to NE) of the strike of the Roche Dure and Carrier de L'est (you can draw a straight line between them) that the two are actually just 1 deposit. The current gap between the nearest 2 drill holes is about approx 4-5km apart. If there was to be economic Spod in between the two then you can increase your target from 1.2 Bt to probably around 2 Bt.
Speculating of course.
How much as a percentage of the "known and drill defined" total world spodumene resources does AVZ have currently with Roche Dure alone ? 30% Guessing here?.
Drill out he whole lot and they "could" have north of 70% of all know hard rock lithium... who knows just speculating here again.
Lithium is the lightest metal on the periodic table their is no better substitute metal available on a weight/energy capacity basis. Almost all of new Battery tech being developed right now has a lithium component within. If anything with Solid State Lithium batteries (likely next gen battery tech) the lithium component will increase the % of lithium required.
Assuming for a moment that 50% of World Lithium resource is from Hard Rock (the rest from Brine/clay).
Then say by comparison that back in the year 1910 (beginning of the age of the ICE automobiles) you could say that the company you have a shares in controls between 15- 35% of all known light sweet crude oil. Its a mind boggling concept really. What valuation would such a resource have 50 years later.
A lot of assumptions there of course.
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