my back of the envelope numbers;
10km strike, 2km width, 200m vertical thickness, brine SG 1.25, porosity 25%, grade 0.08%.
10,000 x 2,000 x 200 x 1.25 x 0.25 x .08% = 1Mt contained Li = 1 x 5.323 (Li to Li2CO3 conversion factor) = 5.323 lithium carbonate. If only 10% of this is drainable, then we have 0.53Mt Li2CO3. This is about half the size of Galaxy. Does anyone know what GXY use as their drainable factor?
The grade is also very interesting as it's virtually identical to Galaxy's reserve grade....
my back of the envelope numbers;10km strike, 2km width, 200m...
-
- There are more pages in this discussion • 792 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add GLN (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
13.5¢ |
Change
-0.005(3.57%) |
Mkt cap ! $60.50M | |||
| Open | High | Low | Value | Volume |
| 13.5¢ | 13.8¢ | 13.5¢ | $51.87K | 383.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 23 | 2268318 | 13.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.0¢ | 1268591 | 23 |
View Market Depth
| Last trade - 13.41pm 25/11/2024 (20 minute delay) ? |
| GLN (ASX) Chart |
