Still Buying, page-62

First 62 Last

Share
Profile

Follow
sobar

2,262 Posts.

103

31/05/16

18:01

Post #: 17915231
Share

Originally posted by jackal43 ↑

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!!!

Expand

I would focus on the explosion in demand and not over think the rest of it.

Except the charity angle ,I thought that was nice.

Last edited by sobar: 31/05/16

BGS Price at posting: 29.0¢ Sentiment: Hold Disclosure: Held
7 Upvote

0 Great analysis

Reply

Top Stories

Week 28 Wrap: ASX hits all time high; CBA shares' two realities; US inflation hits 3% ahead of China plenum

ARN

Aldoro shares jump 47% on news of strong niobium recoveries from Namibia play

I88

Infini soars 50% as company reveals it could’ve just made uranium history – redefining what it means to be “high grade”

Shekel Brainweigh and Calmer Co lead innovations in the retail space

RCE

Recce scores US$2M deal from US Department of Defense for burn wound infections gel