Quietly confident. There has been plenty of sceptism from the...

Quietly confident. There has been plenty of sceptism from the market regarding petalite yet
EMH (mkt Cap of $135m) , is able to produce lithium carbonate (Li2CO3) , and it's source of lithium oxide (Li2O) is zinnwaldite not spodumene.

"The beneficiation plant uses Wet High Intensity Magnetic Separation (WHIMS) to separate out the lithium bearing micas (zinnwaldite) and produce a magnetic mica concentrate. The ability to use wet magnetic separation is unique to zinnwaldite ore because zinnwaldite contains iron in its lattice and is paramagnetic. Magnetic separation offers cost and recovery advantages over benefaction through froth flotation." page 3 & page 9 also has details of testwork
https://www.europeanmet.com/wp-cont...2017/05/2017019_-_EMH_Completion_of_PFS-2.pdf

– Note zinnwaldite has a less Li2O content than what petalite has and DKO ‘s grade is much better (Li20 grade EMH .065%, DKO 1%).

“Beneficiated lithium minerals are used in the mineral form and, today almost exclusively in China, for chemical conversion to lithium carbonate. Spodumene (8.0% Li₂O), is the most common commercially exploited lithium mineral. Almost 50% of the spodumene mined in Australia today is converted to lithium carbonate in China. Less commercialized are zinnwaldite (3.4 Li₂O), petalite (4.9% Li₂O), lepidolite (4.1% Li₂O), and amblygonite (10.0% Li₂O)”. http://www.anzaplan.com/strategic-minerals-metals/lithium/lithium-resources/

EMH is able to produce Li2CO3 (proven by the same supplier doing work for DKO) - 1.7mt of ore annually @ 0.65% Li2O converts to Li2CO3 – Gross 27,000t pa - net 20,800t pa with a recovery at 76.5% ( via both oxide & carbonate processes) . Note there is also substantial credits of tin, tungstun

Our resource size and grade has room for upside & has limited impurities such as iron. Early resource infill & extension drilling has been positive.

Indications from a recent article is that DKO could be targeting a resource target of 15mt @ 1% - 1mtpa -15 year life-

“Ideally, Frances argues, it would be a 15-year holding and extract one million tonnes of rock material per year, with an average concentration of 1% lithium”.

courtesy of Sonic Blast
https://hotcopper.com.au/threads/lithium-when-white-powder-is-good-signal.3443835/#.WSVBDWh942w