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proteinspike

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proteinspike

Re: Jagwire post# 304

Tuesday, 09/20/2016 3:09:23 PM

Tuesday, September 20, 2016 3:09:23 PM

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Nemaska's hard rock mining... very capital intensive relative to brine.
http://www.visualcapitalist.com/a-cost-comparison-lithium-brine-vs-hard-rock-exploration/

If I was spending money on hard rock I'd look at Australia. Pilbara Minerals (ASX:PLS) has the second largest Spodumene project in the world. They're claiming 3.9% lithium in some drilling samples. That's equivalent to 30,000 PPM! Nothing Argentina even comes close.
http://www.pilbaraminerals.com.au/sites/pilbaraminerals.com.au/files/291014-quarterly-activities-report.pdf

Of course the gorilla in the room is Greenbushes lithium project in Western Australia which is owned and operated by Talison Lithium, a subsidiary jointly owned by China’s Tianqi Group and US based Albemarle. Greenbushes is the world’s largest known single lithium reserve.

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

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