hmmm at current spot prices an inferred 724kt of BG lithium carbonate translates roughly to AUD $75,000,000,000 even if extracted at 12ktpa it would take decades to exhaust. The quantity is irrelevant in real terms of what is going on. You're really on the wrong tangent.
While many lithium stocks boast big reserves of lithium bearing brine it all means nothing, nada, zip, if they fail to turn it into LiC2O3 as AGY can, it simply serves to provide bullish announcements to eager holders who fail to understand the complexities of being able to actually produce BG lithium carbonate. We are onto it. Beware of hype. This lithium boom is similar to the tech stock boom I traded in and the big shake down is coming! We're safe.
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3.8¢ |
Change
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Mkt cap ! $55.32M | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
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