Ive looked into MXR and MQR, They have plenty of Li and it appears mostly in the form of Lepidolite, Not spodumene.
So why gamble your hard earned $ when ESS are on a path following CXO to 2B market cap,
My calcs suggest that when ESS define the deep extensions of Cade we should have a Spodumene Reserve 30% greater than CXO have and went mining on.
It's not easy finding an JORC spodumene resourse in Australia there're only 9 companies in Oz that have done it.
However, if you do decide invest in those companies hoping to strike it lucky, it would be wiser to invest only when they have reported good consistent intersections of spodumene across a wide enough strike length to give a decent size.
Great days ahead for ESS Investors.
ESS Price at posting:
71.0¢ Sentiment: Buy Disclosure: Held
