There is actually a lot of information I have posted over the last 6 months that the market would know. We also know that the Bolivian expert is telling Bolivia to industrilise magnesium over Lithium in that article. That article also talks about other ways to process brine (ie solvent) as evaporation ponds may not be ideal for every situation.
1) so4 --- $ 80 million market cap company managed to stumble onto the same lake and apply for ground
2) kll and now vrm going after new magnesium technologies
3) direct quote from asx announcement
- Parkways Managing Director, Patrick McManus, said “ The samples were taken from near the lake surface, after two significant rain events. The fact that they still registered high values of potassium and magnesium is encouraging.
What we don't know is if the applications will all be granted and that is just a risk that needs to be considered.
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