Sorry I was out of the country yesterday and I had no access to a free or cheap internet, but after looking and reading the news few times, I came to few conclusions:
the resources wererestricted to the pit ,which means that they only calculated the in pit resourcesand ignored what s left, so what we have right now should be almost what we will have as mineral reserves,no surprises like what happened with CLQ and Canada Lithium.
SGS had chosen a lower cut off grade according to the optimal pit, strip ratio, waste...etc
gradesare almost 1% which is very mineable indeed with the current economics of spodumene.
We have less waste than CLQ and cost per ton should be a lot lower than that of CLQ, however from my understanding, thee is no need to have 2 mills 20 kms away from each other, I can see canada lithium will try to either purchase our spodumene or the whole company depending on how well they do in their mine, things are looking very bright from here on,next will be the environmental then the PEA....