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levelE

Re: PLUTUS post# 66942

Thursday, 05/26/2011 11:11:42 PM

Thursday, May 26, 2011 11:11:42 PM

Post# of 155603
Remember this PR from earlier this year?

"The company expects its entire lithium package once complete will total acreage of approximately 12,500 hectares or close to 31,000 acres. The value of acres in Chile has been estimated to be $10,000 to $30,000 depending on lithium concentration levels."

If the company delivers, as it intends, a total of 31,000 acres, then that nickel a share might increase just a bit. Wouldn't you say?

$20,000 X 31,000 acres = $620,000,000
$30,000 X 31,000 acres = $930,000,000
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