That is true. But I understand that the studies that have been carried out have taken these possible factors into account. Because if you say that you are going to extract lithium at 800 mg/l but you have only carried out tests at 1 m from the surface, but you have not said so, implying that the test was of the entire resource, then you would have criminal consequences for fraud. I do not believe that any company in its right mind would manipulate this type of data.
It is also true that just as it can decrease, it can increase... better technologies, drier seasons. In the end, the data they provide is of constant pumping with certain "expected" conditions in the final production environment.
If you are specifically concerned about the situation of the brines, keep in mind that entire teams of giant companies will have done their studies before investing in them... and investments in the brines have been and continue to be seen, so although it is a legitimate concern, I think it shouldn't keep you up at night.
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galan lithium limited
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10.5¢

Argentine Brine Comparables, page-106
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Last
10.5¢ |
Change
0.007(7.14%) |
Mkt cap ! $100.5M |
Open | High | Low | Value | Volume |
9.9¢ | 11.0¢ | 9.9¢ | $324.7K | 3.146M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 14450 | 10.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
11.0¢ | 1334688 | 22 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 14450 | 0.105 |
7 | 924000 | 0.100 |
6 | 88026 | 0.099 |
4 | 233267 | 0.098 |
1 | 25000 | 0.097 |
Price($) | Vol. | No. |
---|---|---|
0.110 | 1263164 | 20 |
0.115 | 981249 | 15 |
0.120 | 1177837 | 7 |
0.125 | 317018 | 5 |
0.130 | 303000 | 4 |
Last trade - 16.10pm 27/06/2025 (20 minute delay) ? |
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PARADIGM BIOPHARMACEUTICALS LIMITED..
Paul Rennie, MD & Founder
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