Some have ran for the hills.. some have loss confidence.. some are predicting lower prices.. however, Bruce and the Chinese remain positive and standing by their investment.. 14/03/2018 Ann highlighted approx. 4 different labs were used for testing of the samples taken at gb. They were having difficulties with the oil and high concentrations of Br & I https://newswire.iguana2.com/af5f4d73c1a54a33/announcements/asn.asx/6A875943/ASN_Announcement_6A875943.pdf?download=1 The reassessed samples were sent to OEC and to my knowledge they were able to get some results on the second attempt. From an email exchange Bruce"s indicated this " The iodine and bromine were combined known to be of relatively high concentrations but separating them and assaying them was difficult because of this high concentration". Furthermore, 20/03/2018 Ann stated the following: " The lithium concentrations are well below historical assay results in other parts of the Paradox Basin. The reasons for the low lithium results are still being determined". https://newswire.iguana2.com/af5f4d73c1a54a33/announcements/asn.asx/6A876711/ASN_Announcement_6A876711.pdf?download=1 Has technology and testing methodology let us all down with the poor results? IMO I believe the bench top work will be very interesting once all the other minerals are extracted.. will we still get a low reading of Lithium or will the lithium reading increase? https://www.mgxminerals.com/investors/news/2017/257-mgx-minerals-files-technical-report-on-rapid-lithium-extraction-process.html https://www.google.com.au/amp/s/seekingalpha.com/amp/instablog/2366771-rockstone/4965963-mgx-reports-upgrading-lithium-brine-67-1600-ppm-lithium All in all IMO and dyor
Add to My Watchlist
What is My Watchlist?
