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8.3¢ mtm critical metals limited

We have been injecting acid into ore bodies in australia for...

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gary123

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17/01/23

18:51

Post #: 65739300
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Originally posted by Broken chair: ↑

I'd like to see Lachlan focus more on the standout lithium pegmatites in the Ravensthorpe tenements rather than chasing the REEs. The nickel gossan looks interesting also but I'm unclear if any drill testing is proposed?

No one has managed to extract REEs from lithium clay in an environmentally sound and legal way. The Chinese method of injecting acid into the ground to dissolve in-situ is not going to fly anywhere else. I'd like to see some work on the lithium prospectivity and less on chasing REEs at least until a legal, commercial and technically viable processing route for clay hosted deposits is established. We also don't have any understanding of the mineralogy of the REEs. Is it ionic clay hosted or not? Have samples been tested? The answers are critical in understanding the likelihood of future mining and processing and the share price won't move until the answers are provided. All the money is flowing into lithium around the world and Lachlan seems to be looking in the other direction. All in my opinion.

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We have been injecting acid into ore bodies in australia for over 20 years at Beverley Uranium Mine. It is called in situ leach.

MTM Price at posting: 8.1¢ Sentiment: Buy Disclosure: Held
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