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5.4¢ lake resources n.l.

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keepsmiling

4,214 Posts.

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16/02/21

20:00

Post #: 51050343
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Originally posted by sowens: ↑

What I see is kilos of Lithium.
I became interested once I found out that they were using direct extraction. The Lithium boom is about to happen and hard rock wont win any friends its very energy intensive the spodumene needs to be roasted. The brines via evaporation cant be ramped up quickly if you build an evaporation pool tomorrow its 12 months before you can harvest the lithium. I just think that anyone using direct extraction is on a winner easily ramped up high purity product and green footprint.
As to old oil wells that must be such a problem to find that on your brine project the holes have already been drilled right next to that pesky Tesla mega factory in a country thats just announced that it will priorities local production.
Now Novonix are processing kilos of lithium into batteries.
but then again I guess that you are right its a pitiful company.

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One other point you should also consider, has any DLE producer produce Li in quantity, 10,20, 30kta as yet?

Last edited by keepsmiling: 16/02/21

LKE Price at posting: 32.5¢ Sentiment: None Disclosure: Not Held
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