WSA western areas limited
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A minimum for a JORC lithium resource is probably 10MT of...

  1. dmans
    576 Posts.
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    28/02/17
    13:46
    Post #: 22972547
    A minimum for a JORC lithium resource is probably 10MT of lithium in these tenements.
    Western Areas are to receive A$150 for every contained tonne of Li2O classified in a JORC Ore Reserve.

    We are looking at around $15m as payment without hassles.

    Now that's minimum. Earl grey has 128Mt at 1.44% Li2O so we could be looking at a lot more.
    Last edited by dmans: 28/02/17
    WSA Price at posting: $2.38 Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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