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Re: hydro gen: should read ''increase in size by about 20% of the field'' e

By: lloboblanco in KAFFEE | Recommend this post (0)
Fri, 22 Apr 16 11:40 PM | 206 view(s)
Boardmark this board | Das Kaffeestube 		Msg. 31076 of 31367
(This msg. is a reply to 31074 by hydro_gen)
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The $5.6 B was the estimate about 1 year ago.

Here's my concern:

A recent article that says Li prices have doubled in China over the past year.

A different article saying Li prices are increasing by 10 to 20% annually.

Now, we know PE's field has been increased by 20% and the new core samples have been taken from depths that are 3X the last samples.....If they announce they're sitting on $7 B that's probably no big deal but what happens if they announce they're sitting on $40B??????????????

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Re: hydro gen: should read ''increase in size by about 20% of the field'' e
By: hydro_gen in KAFFEE
Fri, 22 Apr 16 10:56 PM 		Msg. 31074 of 31367

SO - a 20% increase in the estimated 816,000 tonnes? At 8K per ton = 5.6B - is that correct??

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