1st step - grade comparison is lets look at the global Jorc numbers for some Lithium peer companies on the ASX.
(Sorted in order of size of contained Lithium Oxide resource)
PLS - 156.3 Mt @ 1.25% Li2O for 1.95 Mt of lithium oxide contained
KDR - 128Mt @ 1.44% Li2O for 1.84Mt of lithium oxide contained
NMT - 77.8mt @ 1.37% Li20 for 1.07mt of lithium oxide contained
PSC - 36.39mt @ 1.17% Li20 for 425,000 tonnes of lithium oxide contained
AJM - 30.1mt at 1.04% Li2O and 313,000 of lithium oxide contained
GXY - 22.2mt at 1.28% Li20 for 284,000 Tonnes of lithium oxide contained (Hard Rock only)
BGS - 15.5mt at 1.48% Li20 for 229,000 tonnes of lithium oxide contained (BGS are expecting an upgrade shortly)
CXO - No Jorc as yet
So in term of global resource for each company KDR has the 2nd largest contained lithium hard rock resource @ 1.84mt tonnes contained and the 2nd highest global Grade @ 1.44% of this group and the 2nd high Avg Grade.
Enviable position with best strip ratio , 2nd best size (only just) and 2nd best global grade (only just).
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