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CaptainGrumpy

4,594 Posts.

177

26/07/16

10:53

Post #: 18366011
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Originally posted by HappyCats ↑

Lithium bubble over a little while now I reckon CG. The increasing awareness that the resource is geologically abundant in spodumene at grades ~ 1 - 1.5% Li2O has probably started to affect the market. Something I was frequently ridiculed for posting many moons ago.

I'm keeping an eye on the sector nowadays for another Greenbushes, and to play the maiden drill programs that Company X's lithium project is just as good as Company Y's.. Bynoe field looks like it will probably shape up OK. Mt Holland almost certainly will. Slightly better numbers in terms of grade are coming out of Africa - BGS, and today Finland - AVI. But the list of potentials is endless really. We'll know another Greenbushes even before assay. They will be showing about 50% fresh spodumene over broad intersects in drill core. I'll make sure I post if I see one.

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Thank you Sir.
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