Is Belmont Resources the low cost producer of Li in the worl1.V.Bea commences drilling in Nevada today.
2. Given the fantastic resistance readings we should be hitting brine by Monday.
3. A NR reporting our hitting lithium brine and over what depth is likely by Thursday .
4.Therre is massive interest in this stock with over 8 million shares traded over the past 5 days.
5. Partnering with MGXMINERALS was brilliant as it is the most low cap and low prod company in the world.
6.The brine we pull out will contain lithium, manganese and pottasium all of which we can sell to lower our cost of production.
7.The produced water we recover can be sold for industrial purposes, further reducing our cost of production.
8. We could establish a solar panel array to power our rapid recovery lithium processor, further lowering our cost of production. (MGX owns a silicon resource in Canada but it remains to be developed.)
9.MGXMINERALS owns ZincNyx, a zinc-air flow battery to store extra power to run our machinery at night, further lowering our cost of production. MGX will want to use this opportnityto showcase this new battery to the mining world ! (The batteries are moving into production in August and sell at a 90% reduction to the Tesla lihium ion battery per KWH. Ther is no chance for fire with this ZincNyx battery as there is with a lithium ion battery.)
10. Belmont Resources will become the lowest cost lithium producer in the world , thanks to partnering with MGXMINERALS (and assuming we do in fact have lithium brine at a concentration of at least 100 ppm).
11. As owner of both MGXMINERALS and Belmont Resources I look very much forward to the actions of these companies over the next several years !