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Wednesday, August 11, 2021 8:36:47 AM
1sharetrader1 from Australia here to spread the news about this not well known company with a massive brine resource in Utah USA.
I'm quite a active poster in Australia and would like to share what I know with potential other investors.
Below is a post I made about the maximum resource potential for Anson's Paradox Basin Project.
The current maximum battery grade lithium target is 1,922,450 tons
Li2co3 99.5% battery grade per ton
Yuan 92,500 a ton Lithium price spotlight - Weekly price updates | Fastmarkets
USD 14,319.00
1,922,450 tons times 14,319.00 US dollars, equals 27,527,561,550 US dollars
That's over 27.5 billion US dollars.
And that is just for the battery grade Lithium
Add the more than 44 billion dollars for the Bromine, and we could be talking about a maximum of more than 71 billion US dollars before the other minerals.
A market cap of just 1% of that would be more than ten times the current market cap.
Crazy, is it not, but there lies the potential facts based on known facts.
Here is the post on the Bromine figures.
Bromine per ton
Yuan 44375.00China Bromine spot price, China Bromine Daily prices ...
In US dollars 6,873.69
Maximum exploration target for Bromine, 6,495,000 tons.
Value $44,644,616,550.00 US dollars.
Yep, that's right, over 44 billion US dollars
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