DRILLING HAS NOW BEGUN... WISH LIST -
- PE drills slower - search for upper strata brine pools = might add to, resource
- Keep cores = check values of lithium, in clay soils - don't think PE ever peroformed this
- Such could add to overall resource via comtained in, soils
- If pump holes were ever set up with - deep and shallow holes - spent brine from deep
Could be redistributed downhole to saturate potential shallow near surface brine pools
In hopes to extract all the more lithium near surface with in soils.
- Testing the surface soils might prove - lithiim is also present -
- Could provide a secomdary form of forced extraction - impregnate basin with spent brines
- Video shows topical salt crystals = = indicating there's salt conversions going on, but which salts ?
- https://m.youtube.com/watch?v=J05XdZnPgrg
- Revise, PEA - address the topic of, closed basin vs semi closed
- If proven semi closed based on one end has incomming, water to recharge basin,
it might allow for a recalculation on, over all size of, resource
- if, resource can be increased, it's to PE's advantage - extends mine life and works the 3% to max
PE's # 1 goal... should revolve around -.increasing resource size
- closed or... semi closed basin ?
- what were the diameter circumfrences used for, initial inferred vs revised imferred ?
- what were the depths of brine horizons pegged for, revised resource in 2018 PEA ?
-, soil tests topical - see if lithium is in upper strata
- soil test all way down check for contained resource - exploite = impregnate with water - liberate Li
- recheck all cv holes with acid test - to determime if lithiim was, bonded to other elements
- even check plugged - holes...lithiim bondimg might have gone undetected
- IF RESOURCE CAN BE INCREASED = SHAREHOLDER VALUE
PRETTY SURE THIS IS TENOVA'S / PLANT EXTRACTION
https://m.youtube.com/watch?v=9miKFqfvXhI
PE should approximate the tike imwhich the pilot test plant will be completed.
Comissionimg a small scale pilot/plant - based on video's content, takes how long ?
Is it completed ?
If CV-9 drill - will be completed soon...and the brine from this...used for, pilot plant,
Then, how much longer ?
For those who follow my posts, and are wonderimg why i chose PE ?
I feel, there might be a few tid-bits they've ( overlooked ) perhpas a few tweaks might add to the resource...and...i like the challenge of thought - put in motion, offering practical ideals that might
shed light, on topics that need revisiting....such as closed or semi closed basin, and repairimg the inferred resource, with another assessment, now that time has passed, and industry, has changed as a whole...even as much as, retesting the brines, at the lab, placing - acid in the brines hoping to liberate hidden lithiim that may have gone undetected...simple test, that could produce big dividends.
If PE does manage - upsize thier resource - it will only add icing to the 3% royalty.
More lithium = puts the 3% at work all the.., longer for company and shareholders.
Should have been a 10% royalty, but...is what it is.
If the stock performs 1/2 of what i hope for...then, i'll be happy.
Perhaps i've stopped chasing the - 20+x baggers...not practical.
Again...if PE can increase it's resource via several pointers above - i'll be content.
Brines are far easier to extract and deal with, vs clays...
BASED ON 1,000 LITERS PER CUBIC TONNE
1 tonne of brine @ 100 ppm = 100,000 ppm vs sedimemt lithium 1,800 ppm - providing each ran a 100% extraction
PE has secured 50 acre feet of water rights = 61,674.09/cubic meters or... 61,674,090 liters
Let's see where this stock, goes...
Seems it's the only nevada lithium stock - drilling at the moment.
They've a head start.., on other peers...
Cheers...