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Re: Oleblue post# 6820

Wednesday, 05/22/2024 11:47:34 AM

Wednesday, May 22, 2024 11:47:34 AM

Post# of 7377
Owning brines is a very big thing, impurities is also a big factor. Having a permit now that is rare and takes time to get.

IBATF's first DLE was suppose to go to Chile, to Sorcia minerals properties.
https://sorcia.cl/

The second one was suppose to go to RJR
https://www.ensorciametals.com/press/sorcia-minerals-adds-new-salar-for-its-lithium-exploration-in-chile
Until the new Chile constitution changed a few years back.

Some time in July, Chile, is going to pick 5 DLE companies from a list of about 30 IBATF is on the 30 list...
The list of entities that participated in the RFI process is as follows:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=174401429

I do not see G2L’s Continuous Direct Lithium Extraction (cDLE®) technology. on that list.


Price of lithium dropped the last 2-years the low ppm lithium brines are not proffitable at these prices.
https://tradingeconomics.com/commodity/lithium

US Magnesium, is a side gig, while we wait for Chile and it's a nice way to prove to the world what IBATF can do.

IBATF is shooting for the "MotherLoad" of lithium brines in Chile and Argentina.

IF THERE IS ONE THING I AM SURE ABOUT IS I AM USUALLY WRONG