Really? Regardless of Litio, the old code tenement ground holds one of the largest, high grade lithium resources around. CCHEN has already stated that LPI/MSB can apply for additional extraction quotas given the current quota is only for the resource down to 200 metres and a process recovery rate of 40% which is very low. We will be drilling a lot deeper and the PEA included a recovery rate of 52%. Strong chance to easily double the current quota on the old code ground.
LPI Price at posting:
29.5¢ Sentiment: Buy Disclosure: Held