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Re: Shavasana post# 5011

Monday, 12/18/2017 10:05:47 AM

Monday, December 18, 2017 10:05:47 AM

Post# of 10478
The Nevada lithium deposit is massive and, yes, those reserves and the proximity to Tesla's gigafactory initially got my attention. Since then, there's obviously been a lot of water under the dam and the focus of the company has switched to the SQM JV and rightly so. But, once production gets going south of the border, and LAC becomes financially more viable (always the Achilles Heel, right from the get go), then the company can focus on that massive Nevada deposit, which is still close to the gigafactory and which LAC does NOT SHARE with LAC or anyone else. As for lithium extraction from clay being viable, I'm no expert on the state of the art/technology, but early on the company demonstrated an extraction method in a facility in Germany. If lithium prices per ton keep rising, and demand continues to outstrip supply at the rates forecasted, then I'm willing to be that a financially viable way will be found to monetize that big old chunk of lithium bearing clay in Nevada. And then the game should really get interesting for all those still sitting at the table. I'll be there. Hope others here will be too.
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