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!!
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