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25/03/18
16:48
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Originally posted by 1sharetrader1
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I have been doing a little research on Br B I and Mg to try and work out if GB2 may be of any value.
From what I can tell ,only I and Mg are commercial and are one of the highest grades in the world compared to other brine miners.
Not sure if the GB2 well will be economical as a feasibility study would need to be completed.
A few decent Li grades of 200ppm or more over the next few drill holes would certainly add to the overall economics of the brines combining all locations.
What I do think that may help in proving up GB2 and other wells as being economic is the fact the brines are under extreme pressure ,so this may indicate a decent volume of brine that can add to a feasible and economic brine operation.
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Have we had any reports of the pressures and temp of the brine?? I cant remember seeing anything