Here is an interesting question, do all mining companies follow a set course in order to get to the production stage?? eg 1. ground sampling ,2.cr [if not enough money in the bank] 3. drilling , 4 resource/reserve defined, 5. pfs, 6, more drilling to better define the resource/ reserve numbers, 7. cr 8. dfs, 9 build mine ,10 produce. Is there an average time to do all this
I guess my concern is trying to get the company producing [if it is viable] before the brine companies are going full steam ahead, will there be enough time??? or maybe i should not worry about the possible supply /demand curve and think about the explosion of demand not the the conservative numbers being bandied around on how much lithium will be required. .
I just loved that info talk by Tony Seba where he talks about the AT&T contracted surveyor forcast that 900,000 subscriptions would be met for the new mobile phone network and the real number turned out to be 100+mil. We might just be dealing with a similar scale, nobody truly is able the correctly forecast the demand . I like to think about the 1 billion people on the earth who do not have light at night, It would be really cool if every little village around the world will be able to have a couple of solar panels and a lithium storage battery which would change their world. Thats a lot of lithium
Hmm Maybe with all the profits we make from all these lithium plays we could set up a charity to go into some of these places and set them up. Think of the Karma!!!
BGS Price at posting:
29.0¢ Sentiment: Buy Disclosure: Held