GXY 0.00% $5.28 galaxy resources limited

sdv dfs - Tomorrow?, page-99

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    Here's something from left field - have a look at the SOC announcement today about alternative lithium extraction technology. See below the extracted highlights from the SOC announcement:

    Lithium Recovery Technology - Clayton Valley
    • Discussions commenced with a supplier of newly developed advanced processing and lithium recovery technology
    • Impressively extracts lithium product from Li bearing brines in a matter of hours
    • No requirement for large expansive areas of evaporation ponds
    • Processed brine suitable to be reinjected into source
    • No foreseen non-compliance with US regulatory requirements
    • Additional extraction methods remain available and the company continues to assess all options.
    • In-country exploration team will be contracted to undertake a drill program to recover lithium-bearing sediments and Lithium brine for test work.
    • Drill targets to be identified shortly.

    I'd be interested in hearing from our technology experts whether this technology could be applied to SDV. Could this technology change the DFS numbers??
 
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