@Kosto0 You have said that brine deposits are the preferred way...

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    @Kosto0

    You have said that brine deposits are the preferred way of recovering lithium due to less cost.

    THIS IS WRONG

    It is because they include the potash credits..... !!!! I have factually shown you this with < GXY'S FEASIBILITY REPORT >

    If potash prices keep falling it may make GXY's SDV project at best marginal.... so unlikely to go ahead.

    Now why would potash prices fall - because of the 100% production of the majors (FMC, ETC) only 6% to 11% is lithium and the rest is potash.

    Which means the potash market will get flooded driving the price down more.

    This will kill new entrants to Brine !

    It will not kill hard rock producers.

    2 / 3 of China processing is set up for spodumene... WHY ?

    Cheers,
    Super Ninja
    Last edited by SuperNinja: 05/06/16
 
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