Anytime there Dave..lol
Hello, Hello.
Though monetizing involves selling assets to cash up....
It places, cash in junior's hands + reflects in stock price via junior now has liquid profits.
Can be good...but not as good if all SALARS were = SOLD and profits transferred
to shareholders....after all... why else do investors - invest.... right ?
Redl Lake would have to spin out on it's own...if Portofino ever decided to sell all SALARS,
inorder to, DIVY buyout - profits to shareholders. Makes one wonder why Red Lake came into the
picture if, Dave mentioned monetizing.
Aug. 23, 2019 · Monetize refers to the process of turning a non-revenue-generating item into cash, essentially liquidating an asset or object into legal tender
If I had to guess ? It would be 2 locations on Hombre.
If correct...it's long over due for shareholders.
Project Highlights Include:
- Conductivity anomalies, (interpreted as potential Lithium brine-bearing strata), extend from surface to a depth of 250 meters and for at least 2.5 kilometers across the Project
- Elevated near-surface lithium values
- Multiple drill targets identified
Company's 2018 near-surface brine sampling program at the Project, which identified values up to 1,031mg/L lithium and 9,511 mg/L potassium, as well as favourable magnesium to lithium average ratio of 1.99. (News Release - July 10, 2018). The conductive anomalies were found to extend from surface to a depth of approximately 250 meters and appear to extend horizontally for at least 2.5km (across the Condor concession). Livent Corporation is currently producing lithium carbonate at its Fenix Operation within the salar approximately 15km to the southeast, and Galaxy Resources is developing its world-class, Sal de Vida project, approximately 25km to the northeast of the Project. Cheers !