Comment by
MimieMaumie on Jun 29, 2020 11:03am
RE:Focus
Lostchannel:
I agree with your assesment regarding stock price...Parenthetically, a lower price causes some dilution as more shares are issued when it comes to raising capital...Not a big deal in the long run!! As far as your comment regarding the abundance of lithium is concerned, commercially viable lithium from a mining perspective is not!!
It all comes down to where, purity and amount. One last comment: Iron content is major issue with many lithium mines... Very few have the low iron and purity that FL displays...High iron content is a big issue for many lithium mines as it needs to be removed which a is a very costly process thereby eliminating many projects from a viabilty standpoint...