LEL 0.00% 50.0¢ lithium energy limited

LEL - The Sleeping Giant, page-12

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    Reflecting on the Allkem Borefield (the Stage 1, and the new bores of Stage 2 which are right on the limit against LAC parcel).

    I think that we not just have a JORC, and I think we have a project already !!!


    AKE's Stage 1 borefield has 21 Bores to feed a 20,000 tpa plant. Their ground yield is 5%.

    LEL yield (as it sits on sand, is 15%, 3 times better). LEL should satisfy similar plant with only 7 bores.

    Below placement of 7-9 bores (green dots), right on already-proven sandstone Lihtium-rich brine tested so far. Given the concentration is 500ppm, instead AKE's 650ppm, we can produce 25% less, say 15,000 tpa. Still big time profitable.


    https://hotcopper.com.au/data/attachments/5247/5247410-7990aede5de73d1bfbd22515837ff7e9.jpg
 
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