I am confident that Lithium Bank will be successful with the Go2Lithium cDLE Technology (hence I bought some shares recently ) and that Go2Lithium will be able to acquire more projects/partners like Lithium Bank. The main reason for my confidence is, that Lithium Bank has "invested over 2 years and $1M [CAD] in search of efficient and high performing DLE technology" and they have tested "numerous DLE technologies with Hatch". They finally chose Go2Lithium cDLE Technology (powered by CNQ). I think this is a strong indication that the technology works and is superior to other DLE solutions.
According to Go2Lithium the DLE technology offers the following advantages over brine evaporation and hard rock mining methods:
- Higher lithium recovery
- Shorter production times: hours instead of years
- Limited freshwater loss
- No enormous evaporation ponds or land impact from rock mining
- 50% less energy consumption
- 50% lower carbon emissions
According to Go2Lithium the Go2Lithium cDLE Technology provides the:
- Highest lithium recovery
- Lowest chemical input cost
- Highest lithium eluate concentration
- Fastest speed to production
The recent deal with Lithium Bank seems to prove this. Time to get a bit excited
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