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Facthunter

11,997 Posts.

815

06/12/20

22:21

Post #: 49379517
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Originally posted by GCar: ↑

That’s actually a very good point - when they announced the Posco deal, along with the note that it doesn’t affect the SDV DFS, it became clear that there was a lot more Li there than “we” were told about. I certainly can’t recall there being talk of a heap more Li beyond the DFS numbers...? Any of the old LT crew here remember if that was discussed/presented back in the old days? Thanks

Also, it was interesting that very soon after Posco started their pilot plant work and poking around on their new land, they upgraded the Li resource significantly, by almost 100% iirc..? But, no word from our guys as to whether we actually have MORE than the old DFS numbers indicate for SDV.
Surely we must, if Posco just “discovered” a 6-fold underestimation!!??
Amazing stuff.

I wanna see SDV at 50ktpa and I reckon there’ll be a push from big auto in the next few years to make it so. We’ll see.

Imo
DYOR

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management does its level best to look after the short seller.

GXY Price at posting: $1.94 Sentiment: None Disclosure: Held
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