Article below is about Cypress but has a lot of relevant...

Article below is about Cypress but has a lot of relevant information.Tesla were in talks to acquire Cypress Development in 2020. Back when he tried to pull an LF with abundance of lithium and simple extraction using table salt. Probably tried to low ball them.

Cypress Development advances Nevada lithium project towards production
https://www.mining-journal.com/resourcestocks-company-profiles/resourcestocks/1444763/cypress-development-corp-looks-to-crack-the-lithium-clay-code-in-nevada

"You can look at sedimentary clay deposits today as being almost equivalent to copper oxide deposits 30 or 40 years ago," said Cypress Development CEO Bill Willoughby. "People disregarded them but along came solvent extraction and made them profitable. That's what we're trying to do at Cypress, to take the clay all the way to pure lithium battery-grade deposits on site, bypassing the conversion plant."

"Our stock is undervalued where it sits today and when one of those projects enters the construction stage, I think we'll see the entire picture change."

"One of the benefits of a clay deposit is that you can define a resource quickly with a minimum number of drill holes," Willoughby said. "There's a great deal of continuity in grades across the deposit and in neighbouring projects, meaning we don't have to do too much infill drilling."

"He also points to the growing number of federal grants offered to producers of strategic minerals under the updated US Defense Production Act as a potential source of funding for the project. And with hard rock projects facing rising costs at their conversion plants, he says that clay projects could soon become attractive alternatives."