Post by
Predator2018 on Jul 12, 2021 2:24pm
SPMT Owns $10 BILLION worth of LITHIUM
At US$10,000 per ton, the Lithium is worth $10 Billion tons. They SHOULD spin out the Lithium ASAP
Comment by
Cr00ks604 on Jul 12, 2021 3:15pm
Good grief. They have NO proven resource any where. The lithium is not proven. If, and only if, they get to the point of doing PEA will there be something to talk about. The more likely out-come, they sell the property out from under shareholders & pocket the cash. These guys aren't capable of running any sort of REAL mining operation. They do = Pump & Dumps.
Comment by
Predator2018 on Jul 12, 2021 11:42pm
You are either ignorant or stpid or naive. Read latest techinical report by Stantec which shows at 400ppm cutoff, the asset has 1 million tons of Lithium Carbonate Equivalent.
Comment by
dothemathpeople on Jul 13, 2021 7:16am
Wrong again donkey. Try harder. Maybe ask someone who knows? Cause you clearly do not. Typical really. Of the half milers in here. Dumb a$$.
Comment by
ErinBrockovich on Jul 14, 2021 8:08am
It's not economically feasible at today's lithium price. 400 ppm is ridiculous. Try closer to over a 1000 ppm. Even then it would be hard to compete with brine extraction techniques.
Comment by
dothemathpeople on Jul 13, 2021 7:13am
Thats some donkey math there Ed. Hee haw. Wrong end of the horse.
Comment by
Notmyfirstrodeo on Jul 13, 2021 5:33pm
You need to spin them loose screws you got back in and make it good and tight. You have so many lose screws your head must rattle when you walk.