Lithium Carbonate $$$sells for $9/lb. The percentage of Li in lithium carbonate is 19%(Ask GOOGLE). Carbonate is cheap. The value of Lithium metal in LiCO3 must be in the range of $40. a pound. If they can recover 1 lb of metal in a ton that makes the deposit worth $8 billion. One pound is less than 500 ppm grade. Daves brain is a little fuzzy after drinking a bottle of Merlot and needs to pass this by this weekend to HAL who is never wrong provided its given the right numbers.