LEL 1.33% 37.0¢ lithium energy limited

Ann: World Class Lithium Intersections Confirmed at Solaroz, page-40

  1. 12,600 Posts.
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    LEL looks like the bargain of the century! Potential Size and grade compared to its peers.


    LEL $61m MC = 4MT to 7MT @ 400mg/L to 450mg/L (JORC estimate)

    LKE $640m MC = 5.3MT @200mg/L

    ASN $230m MC = 1MT @ 157mg/L

    GLN $330m MC = 6.5MT @ 846mg/L

    Standard Li $721m MC =2.8MT @ 206mg/L

    AGY $580m MC = 0.25MT @ 325mg/L

    LAC/Arena $217m MC = 0.56MT @ 460mg/L

    Posco/Galaxy $412m MC = 2.5MT @ 600mg/L

    Rio/Ricon $1.3B MC = 11.7MT @ 397mg/L

    Ganfeng/LAC $1.4B MC = 3.5MT @ 492 mg/L


    This is not a hard rock deposit. Its brine!!

    LEL has excellent grades and most importantly it has excellent specific yields %. That is more important than grade!!
    Last edited by TopGun1: 01/05/23
 
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Mkt cap ! $41.44M
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37.5¢ 37.5¢ 37.0¢ $11.81K 31.94K

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