I do not see a low Lithium concentration as a huge risk given what an earby brine comparable Alberta project PEA shows. Recently, I did an in depth Alberta,Canada DD and liked what I found and added two Alberta brine projects to my Lithium investments. The one that compares with VLT is far more advanced with a very conservative published PEA. It works using a Lithium concentration ranging between68-72 mg/l. Given that VLT has a preliminary reservoir concentration of 101-121 mg/l and lab extraction effectiveness at 32 mg/l, I do notworry about this variable. The biggest risks IMO are: 1) whether the technology will scale, 2) the process efficiently deliver an end product with minimal contaminants and 3) the profile of the chosen initial oil company partner in Alberta. BTW, I am not trying to push this stock. My only intention is to bring to the HC community new potential technologies and processes. Thus, I will not pursue this one any further.
- Forums
- ASX - By Stock
- ASN General Discussion
I do not see a low Lithium concentration as a huge risk given...
-
- There are more pages in this discussion • 7,670 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add ASN (ASX) to my watchlist
|
|||||
Last
11.0¢ |
Change
0.005(4.76%) |
Mkt cap ! $141.9M |
Open | High | Low | Value | Volume |
10.5¢ | 11.0¢ | 10.0¢ | $84.14K | 786.2K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 2 | 11.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
11.5¢ | 286817 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 308238 | 0.105 |
10 | 657540 | 0.100 |
1 | 100000 | 0.099 |
5 | 205001 | 0.098 |
2 | 105220 | 0.096 |
Price($) | Vol. | No. |
---|---|---|
0.115 | 286817 | 6 |
0.120 | 825468 | 9 |
0.125 | 387452 | 7 |
0.130 | 389682 | 5 |
0.135 | 818086 | 6 |
Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
Featured News
ASN (ASX) Chart |
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online