Ann: New High-Grade Lithium Discovery, page-97

It's unfortunate the market doesn't understand the nature of brine deposits and I guess you can't blame them. Halite bodies have very high near surface permeability, meaning you can drill a hole in the ground and it will fill up from the surrounding areas due to the surface sediment being very porous. By not drilling that deep it allowed for AGY to spend more money on developing ponds, pilot plant, pumps, infrastructure etc. But you need to make that very clear because most investors don't take the time to research anything. These salars have been studied for decades all the information is already out there if you bother to look.

I don't think the market cares too much about lithium resources at the moment. Especially ones buried 235 meters below the ground. I could be wrong, time will tell. Look at the market caps of other company's and their resources, there is more but I'm not going to waste more of my time.

Lpi
Markecap: 68m
2.15Mt LCE at 1,160 mg/l & 5.7 Mt KCI at 8,500 mg/l

Lke
Marketcap: 18m

Resource estimate centred within an exploration target with potential for 8 to 17 million tonnes

Avz
Marketcap: 78m

AVZ has generated an exploration target of between 1Bt to 1.2Bt of 1.25% to 1.5% Li2O for the entire Manono Project,


I think the market doesn't care for fluff anymore. It wants to see cashflow it's as simple as that.

Can someone inform me as to what the value of GLN owning land up in the mountains?

Any ideas as to what would happen to your evaporation ponds (that don't exist) when they get full of snow once a year?

Does GLN have access to gas, power, rail or mainroads?

Is there any guarantee POSCO will require an extra 1 million tons anytime soon? They already have 4 Millon tons which will take them at current rates 160 years to process?

It seems lithium is everywhere, value is only added once you have the capacity and expertise to extract, process it, get offtake partners and turn it into cash.

I'll be waiting for the usual patronizing "your trying to accumulate" "thanks for the laugh" response that will make for riveting discussion.