Banter and general comments, page-31727

The exact amount they are spending on discovery of spodumene is $2 a ton. So from the $3800 dollars in profit you make per ton you spend $2 in discovery dollars. That’s directly from the below presentation CEO gave 2 weeks ago. You don’t need the motherload they have greater then 30 million tons of spodumene and that’s a 30-40 year mine life that they have discovered so far and getting larger

https://youtu.be/DrNDvKiSvoI?si=4a-Eh87xkHPoVuk0

Money talks and you can have the biggest deposit but if you’re not mining it and making coin then you’re worthless just like HIO, LKE, CHN and the list goes on and on. It’s all about revenue and CXO already has it. Your investment strategy is how you lose money. Derisked producer and getting larger still going north of 70 cents