RE:RE:RE:RE:volume is upBrine vs Hectorite clays is a huge difference. But read Alsets actual test material for these results. they are from an emulsion of historical samples. (2009-11). Just a big red flag for me. Which is why they must now do drilling to confirm where their concentrations are as they did more on their extraction process first. ION has only 44mil shares too!
Emailed Mark too...cant recall who posted about the $20 mill pilot plant - that is not factual. anyways, he says a steady flow of results now and once all has been released they will update the 43-101 to reflect an estimate of resource thus far.
Next will be the feasibility study as they are getting a good handle on the cost of the new extraction system "low op-ex and cap-ex"...no dates obviously but he is very aware of the market concerns regarding extraction. quote
"As to technology, it is key to success particularly considering the water issues in Clayton Valley. The technology group we have engaged, MDS – Membrane Development Systems is a closed loop environmentally friendly, efficient and economic option (both capex and op ex wise) we are attempting to bring to fruition. After bench testing, assuming successful, the intention would be to put a pilot plant right on sight. The plant is portable, contained and we are aiming to harvest Li from its clay host in 1 day. "
This board is coming along great too...keep it up!
best of luck all KF12