Cheapest Brine Play on the ASX, page-3

DMI could potentially be a better play than that of AGY here is why below

Hombre Muerto brines proven to be low in impurities - FMC preferred salar and only operation (Fenix) has been in production for over 20 years ( FMC MC 15 billion)

On average, HM has higher Li grades and lower impurities than AGY at Rincon. BSL’s development plan is similar to AGY’s in that pilot plant production is targeted within 2 years

Extensive exploration potential – Adjacent FMC resource grade of 680 mg/l Li

compared to AGY

Argosy Managing Director, Jerko Zuvela commented “The exploration diamond drilling
program is exceeding our expectations with deeper drilling confirming greater brine
bearing thickness than previously assumed. Initial analytical results to date confirm lithium
brine grade varies in the general range of 400mg/l to near 500mg/l, with an Mg/Li ratio
lower than historical reference data. Confirmation of a thick sequence of black sand in the
Project area is also very good news for future brine extraction.
These initial results further validate Argosy’s aggressive development strategy to fast-track
toward production of LCE product.”​

also DMI is in closer proximity to major lithium company's such as
- FMC 15 billion MC
- GXY 1.2 billion MC
- Albernale 11 billion MC
- LSC lithium MC 182 million
- Lithium x MC 240 million
- DMI MC 4 million

see map below


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