Replies to post #918 on Pure Energy Minerals Ltd (PEMIF)

[Mr. Zen]

Pretty simple math really

Lithium carbonate prices rose past CNY 190,000 per tonne, rebounding for the first time since plunging to the 19-month low of CNY 165,500 on April 24th

The Clayton Valley Project contains an inferred mineral resource of 218,000 tonnes of lithium carbonate equivalent,

So 190,000 x 218,000 = $ 41,420,000,000 or in other words...... real money.

https://www.otcmarkets.com/stock/PEMIF/profile