Replies to post #19924 on Strategic Asset Leasing Inc (fka LEAS)

[jn183]

Wouldn't that mean

0.04lbs per cubic feet = 650ppm?

Roughly 90mile sq = 90x 5280ft = 475200sq ft

Tautona, deepest gold mine = 3902meter x 3(feet conversion) = 11702

I can't find anything on the depth where lithium would be found. Avg for coal/gold etc would be around 500ft.

Guessing Lithium would be around the same depth and MMTE mine half the depth of the world deepest 5000ft(?). Most mine avg from 1000ft to 7000ft.

475200 x 5000 = 2.763Billion x .04 = roughly 95Million lbs/ 2205 (tonnes conversion) = 40,000 tonnes of lithium x $6000 per tonnes = $240Million.

All very very rough estimate and plenty of flaws. Just a quick 15min google search on all the info.

[mick]

this is quite a measurement. thanx fer time involved.