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clock Created with Sketch. 11/04/18
07:38
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Originally posted by Kevyx
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It all depends on the impurities ratio. To make it simple, let's imagine a brine with 2 elements, lithium (good) and magnesium (bad).fully funded (even without shortfall placement) for the next drill program. Perhaps 15-20c is a fair place to be in the next few months? Our options will probably be priced at 12-16c at those prices too. I am a strong believer that good assets will always realize their fair value on the market.drill location , core assays in the next few days, and initial brine results soon after that.
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I think the other important factor that I have yet to see anyone talk about is the new extracting technology that RLC intend to use which correct me if I am wrong is supposed to be cost effective, quick and removes impurities such as magnesium with most of the lithium saved (I believe 96%) based on pilot test. We now have this to consider on top of the results of the drill.
(20min delay)
