If the mica method is proven does that not make the other resources less valuable (as there are large mica deposits in numerous places)
It would appear that LIT mica method does work. They have just completed a small scale trial with outstanding results. However, I don't think that this will devalue existing deposits for several reasons. First and foremost supply demand... World demand is out stripping supply... Ie doesn't matter HOW lithium is purified though if lit can do it cheaper will simply improve THEIR bottom line. It is very interesting to note pls has a working relationship with LIT and I wouldn't be surprised if they enter into some form of mica processing agreement particularly for there low / medium grade resources. Imagine if pls can use Mica processing to create 6000/tonne for $800 (the cost per tonne for mica method).
Disclaimer - I do hold LIT
The Value in PLS, page-27
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