LKE towards TOP-5, page-1798

https://www.electrive.com/2021/12/16/porsco-confirms-plans-for-lithium-plant-in-argentina/

Posco had acquired the rights to mine lithium in the region from Australian company Galaxy Resources in 2018 – for $280 million at the time. The mining rights cover an area of 22,800 hectares.

At the time of the acquisition, Posco had assumed that the site had lithium reserves of 2.2 million tonnes. Later, however, this figure was corrected significantly upwards, and the company now assumes 13.5 million tonnes. According to Posco, that would be enough for about 370 million electric car batteries.

The JORC for GXY's SDV project was about 2.2m tonnes. When Posco acquired, they got half the resource and now they believe have 13.5m tonnes resource in 22hectares land. LKE has 10x times posco size, mostly unexplored. I would think LKE will have at least 50-75m tonnes resource for 220k hectares. Even if they prove 50%, it will be big upgrade from current 4m tonnes.