re: Diving deeper on Standard Lithium?

quote:

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“People are running around saying that lithium is worth tens of thousands of dollars per ton, but that’s refined lithium, which is a very far thing from a barrel of brine. That’s going to be the big battle: How do you set a royalty on the unrefined brine?”

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THIS!!! People don't understand how dilute it is and a barrel of their brine is worth jack shite. Actually negative jack shite if you bring it to the surface because then it's a biohazard and has to be reinjected. I think 3 % is more than reasonable. I actually don't see why it should even change. The brine is still the same brine they've been getting 1.5% for decades.