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proteinspike

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proteinspike

Re: None

Monday, 09/12/2016 12:19:57 PM

Monday, September 12, 2016 12:19:57 PM

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Lithium is a very complex subject... and mining is very expensive.
While brine mining is cheap it takes over a year for the ponds to concentrate enough to separate out the lithium. And Albemarle is the only one so far in Clayton Valley with a mining permit.

The problem here is that none of the drilling so far has produced assays rich enough to actually be worth spending $100M+ to mine.

My observations are forecasts, not predictions. Your weather may vary.

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