Unfortunately, this comparison is incorrect - corrections below in bold. How could Sal de Vida produce 25kT LCE over 40 years if it had such a little Resource, as per this data implies?
Galaxy Resources (Li2O Tonnes)
- Mt Cattlin: 16.4Mt@ 1.08% Li2O = 179,000 tonnes
- James Bay:[email protected]% Li2O = 571,200 tonnes (Dec 17 upgrade)
- Sal de Vida: 2,928,000tonnes (li to li2O is conversion factor of 2.153, based on Resource li of 1,360kT) - your data shows Reserves (li) not Resources, unlike Mt Cattlin and James Bay above. SDV Revised FS
- Total = 3,678,000 tonnes!!! Factor of circa 1.9X GXY to PLS!!!
Sal de Vida is a beast! We await its unleashing! Hopefully 50kTpa!!!
GLAH!
GXY Price at posting:
$3.48 Sentiment: Buy Disclosure: Held