SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Lithium

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: kidl who wrote (254)8/14/2009 3:36:20 PM
From: teevee4 Recommendations  Read Replies (1) of 1146
 
kidl,

No offense. You think too much and don't trade / play enough.
Lithium is the flavour of the "day".


For discussion purposes only, here is a "back of an envelope" simplistic analysis between one "hard rock" lithium junior and one "brine" lithium junior. Get back to me on which flavor of the day you prefer:

Lithium One
-share cap 58.8 mm fully diluted
-share price $1.55
-market cap ~$91.3 mm
-potential resource (12mm tonnes)(1.7% Li20)(.71 recovery)(.5Li/Li20)(5.322 Li2C03/Li)=385,000 tonnes Lithium Carbonate equivalent.
-high end price of $10,000/tonne LC
-total "in ground" value $3.85 Billion

Channel Resources
-share cap 71.68 mm fully diluted
-share price $.10
-market cap ~$7.17 mm
-potential resource (100,000 tonnes Li)(5.322 Li2C03/Li)=532,000 tonnes Lithium Carbonate equivalent
-high end price of $10,000/tonne LC
-potential "in ground" lithium value of $5.32 Billion
-potential potash resource of 15 mm tonnes at $400/tonne
-potential "in ground value" of potash of $6 Billion
-potential bromine resource of 1 mm tonnes at $3,000/tonne
potential "in ground" bromine value of $3 Billion
-total "in ground" value of $13 Billion

After too much thinking, Li-K-Br brines have a better "flavor" to me;-)
JMHO
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext