Clayton ValleyThe Clayton Valley is a strange place, and a really amazing place to see, highly recommended, almost paved all the way from Goldfield to the jct with highway 95, if you are ever driving from Vegas to Reno, take the detour and you get to drive right through the ALB lithium brine mine, you see all of it. It is a sizeable operation.
Clayton is also amazing as it is one of the biggest lithium resources known on earth, top 10 ?
Thats lithium brine and now the recently delineated mudstone resource along the raised southeast bench of the basin. Ours and Norams and others. A great tilted slab of lithium infused mudstone. All at right around 1000 ppm Li.
If you go back in the records to when brine mining in Clayton began in 1965(?), before Newmont was there, the intial lithium content of the brine was also right around 1000 ppm.
Clayton, for what ever reasons is a fanstatic collector and storage center of lithium, and the only production in the US. Is it top 10? Not that important. What I hope is important for all shareholders is again, our tonnes sit in an active lithium mine estentially. If you push them down hill then they quickly arrive in the active mine.
The electrical grid could stay but the ponds could go away as the district transitions to primary lithium production from mudstone. Production from basin would increase by at least a factor of ten. It is a story Tesla would like, the ponds kill migratory fowl.
For that reason, and many others, I agree with you all, that this has significant value.