Canada Lithium has a tenement right beside them with a Lithium Carbonate plant recently built at a cost of $291.3 million. The plant is currently on care and maintenance due to bankruptcy filings.
There is an opportunity here by combining these two its likely feasible, need to be proven up more with some cash spend on drilling - there was talk of a joint-venture which would make sense especially with the plant so close (big bonus right?)
Managment are no clowns so i dont see them buying a worthless pitt to lose money, gotta be more to this.
RE: 9 Million Tons - i hope this is right, i found 7,7Million was the indicated resource (1% down to .50%) (extendable mining life based on purity and processing efficiency)
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