RE: EMH2 Sep 2018 06:06
You are right Lawrence a mine site that has $115,500,000,000 US lithium value underground at $16,500 per tonne even with low grade , in this short supply market , will get off the ground or should I say , out of ground . The instos have all got their own inflection points . And I believe the next four months or so will create some of those inflection points they are after . Looking forward to a structured DFS with offtake agreement coming soon I hope . Who knows , there are many out there that will need Lithium in Europe , CATL , LG , Samsung , VW , Panasonic and the rest . And there just aint gunna be enough Lithium in next 5 to 10 years . Some of the largest gold mines in the world operate on the lowest gold to ore ratios , and they too make plenty of money . Coal and Iron ore too have varying grades and price points but most of them seem to make money too .