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I contacted Steve and he sent me this reply within hours. I'm...

  1. 12,058 Posts.
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    I contacted Steve and he sent me this reply within hours.
    I'm sorry about the pictures as I don't have that facility to transfer them, but, the descriptions are still helpful and do appear in official company presentations.
    I'm sure that he knows what he is doing and should be the least of our concerns.

    Note 2 re why drilling is more difficult than just drilling in the flat salt lake, probably the same story at Kachi.

    Also seems as if he is aware of HC!!!

    "Thank you for your question. Didn't realise this was on HC which explains some other calls today.

    1. Scale: The Cauchari West lease is 11km long. The Olaroz East leases are 30km long. (They don't look big on a map but plenty of room). Production wells occupy the size of a small office every 1000-1500m apart, so often between evaporation ponds.

    2. Location of Leases: They were selected to target the faulted margins of the basins to target lithium brines (identified in the salt lake) on the basin margins where flow rates may be higher. Being on the margins of basins means being under alluvial cover rather than in the flat salt lake

    3. Optionality for Development: Can be developed (a) in partnership with adjoining developers/producers or (b) by producing concentrate and trucking to Chile for processing or shipping, or (c) to produce onsite using either current methods or one of the new direct processing methods (in development) which require only a small number of ponds

    Attached photos:
    Olaroz East 2 & 3: is a photo looking south east from within the Lake leases to the Olaroz production plant in the distance (left hand side) with the belt extending to the right (north) for 30km
    Olaroz East 4: is a photo looking north for 30km over the Lake leases with the Olaroz salt lake on the left (west) from the sealed international highway to the ports of Chile (past the lithium processing plants in the Atacama of Chile).
    Cauchari West 1: is a photo looking north from within the Lake leases towards Olaroz with the SQM Cauchari development project on the right (east side)
    • Olaroz East 2b_LI.jpg
      Olaroz East 3a_LI.jpg
      Olaroz East 4a_LI.jpg
      Cauchari west 1_LI.jpg
 
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