Lithium stocks that will make it?, page-522

  1. 2,689 Posts.
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    RJ,

    Have you look at recovery of each mineral of ASN? I think iodine is about 60%. However, it is still very good. Last night I spent a bit of time looking at ASN and didn't get to bed until midnight. It looks very good.

    All brine supporters should stick together. Rock lithium producers are the ones cause lithium price to drop which they shot themselves in the foot as they are high OPEX (USD$8000/t to produce) and CAPEX (billion). Without rock lithium producers, lithium price could be at over USD$20,000 a ton. ASN and GLN have done well so far if you bought in at 1c and 10c respectively.

    I'm hoping BMG can start to pick up from MC $3.5m with cash $1.6m. Even if it goes up by 10 folds, it is still a $35m company from $3.5m.

    Wealth Minerals listed in TSX is a $60 million company. They paid USD$15m and $10m script for their northern land in Salar de Atacama. I heard local people who work in brine said further south of Atacama you get much better grades. BMG is at southern part of Atacama.

    Just IMHO
 
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