RE:RE:ALIX & LIT to process $50 BILLION LITHIUM resource???Bluebird, I am bullish on AIX but several questions arise with your constant posting of the possibility of AIX/LIT processing Bacanora's lithium.......
1) BTW......who is David Lenigas that you keep quoting? He certainly is NOT the CEO of REM according to REM's website. And whoever Mr. Lenigas is.....where did you obtain this quote, so we can put some perspective on it?
2) are you not aware that Bacanora already has an economic processing flow sheet, that puts them in the bottom quartile of the lithium industry? And they
3) do you honestly expect the $200M Bacanora to put their current Feasibility Study on hold.....to see if the $3M Alix/LIT can help them save a few dollars on their OPEX?
4) 10% of $50 BILLION to AIX........seriously Bluebird, do you honestly believe that would ever happen??
Please forgive me if I come across as offensive.....that is not my intent!
Bluebirds wrote: Bluebirds wrote: - Also included in the definitive agreement is the right for AIX to be granted a 10% interest in any novel lithium extraction technologies ('LET') used or developed in relation to the Project properties (Tecolote and Tule Concessions) and/or the Sonora Project currently owned by Bacanora Minerals Ltd. and REM, whether patented or not patented..
Drilling and exploration work have established the BCN-REM Sonora Project NI43-101 Indicated Mineral Resource of 1.12 Mt LCE contained in 95 Mt of clay at a lithium grade of 2,200 ppm and an Inferred Mineral Resource of 6.3 Mt LCE contained in 500 Mt of clay at a lithium grade of 2,300 ppm.
Alix and LIT are clearing aiming to develop a production technique to provide the processing for BCN/REM's globally significant lithium resource (with an estimated in ground value of $50 billion: David Lenigas - REM CEO)