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TmanB

08/20/10 11:15 AM

#22981 RE: Gutts2318 #22979

you forgot the side products that are explored no ? should bring in some extra cash
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Gutts2318

08/20/10 11:36 AM

#22987 RE: Gutts2318 #22979

Calculation is definitely flawed. I missed multiplying 2.71pound per ppm. That put lithium too high, imo.

I don't think the 1008 has 200K tonnes of lithium. Unless, the seller to MMTE really needed the cash now and do not want to mine lithium for 20yrs. Would be quite stupid to sell 200k tonnes of lithium for $30M.

Back to my corner. :(