Yes, pretty much, except you mean 75% of lithium brines! As a...

Yes, pretty much, except you mean 75% of lithium brines! As a trained scientist I can tell you that Li (lithium) is actually a common but well dispersed element in the Earth's crust, so it's found throughout the world but in more concentrated form within certain mineral deposits and salt brines (especially the salars in Argentina/Chile/Bolivia). As a quick way to become more info savvy - the same route I went down before I bought in - I suggest you go to the AGY website (search 'Argosy Minerals') and read through every news item released over the last two years. You'll see the story just gets better and better and better!!