Advantage Lithium Corp AVLIF

RE:RE:RE:RE:RE:Aussi board- shorts depressing LI stock shares

[JMark80]

It's expensive to remove sulphate when processing the brine, and it irks me when the company refers to the chemistry as excellent. The lastest presentation even erroneously said that it's a low sulphate resource. The NW is high (technically borderline high), but the SE is extremely high. People usually only focus on magnesium, but I believe there is now a method to extract magnesium as magnesium hydroxide, that can be sold which mitigates processing cost. Perhaps there will be a more cost effective method for removing sulphate in the near future.

I know there are alternative methods of extracting lithium directly, without evaporation ponds. Pure Energy is using Tenova's extraction and purification technology to process brine in hours with a high recovery factor, as opposed to evaporation which takes a year or so and only recovers half the lithium. I believe Orocobre was testing it a couple years ago as well, but decided to stick with evaporation ponds.

However, I do think this is an attractive investment. I have a similar cost to you though not an overweight position, and will acquire more if the share price languishes in the absence of a catalyst.