Replies to post #3142 on International Battery Metals Ltd (IBATF)

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Thats all it is.

Speaking of short sellers Vulcan just got attacked by short seller Lawyers.

And look at one of the issues.

Vulcan also claims to have a recovery rate of 90% for the lithium, while other projects with the same lab performance are estimating with a 70% recovery rate, it adds.

“Realistic assumptions would halve the output of lithium and kill the commercial viability of the project,” J Capital says.

Vulcan has also reportedly declined to reveal key information about the direct lithium extraction (DLE) technology critical to removing lithium from the brine at a reasonable cost, but claimed to have costs that will be half those of similar proposed projects that are clear about their DLE method, according to J Capital.

More realistic flow and recovery rates will lower lithium output by 50% compared with the PFS, their research estimates.

https://www.mining.com/vulcan-energy-accused-of-misleading-investors-with-positive-pfs-report/?utm_source=Daily_Digest&utm_medium=email&utm_campaign=MNG-DIGESTS&utm_content=vulcan-energy-accused-of-misleading-investors-with-positive-pfs--report

Stephen Harrison name is next to Burba, on past patents. He works for Vulcan Energy
Vulcan Energy appoints lithium expert to lead its team in Germany

Vulcan Energy (ASX:VUL) has appointed one of the world’s leading experts in lithium extraction from geothermal brines.

Dr. Stephen Harrison has been appointed by VUL as Chief Technical Officer (CTO).

https://finfeed.com/small-caps/mining/vulcan-energy-appoints-lithium-expert-lead-its-team-germany/