I re-read the ann after the prompting from your post ....
Managing Director Rocco Tassone stated, “With the Chappais Lake Pegmatite appearing to extend further than current stripping, it looks a promising target with good potential. With the drill rig expected to being mobilisation this week, we now have four lithium-bearing pegmatites to drill with field data strongly indicating potential to discover more.” [emphasis added]
The whole ann reads like that ....pretty clearly, at this stage they know zip.
Ordering the drill rig in, at this stage, doesn't look like a quality management decision. Diamond drilling is expensive at the best of times .... I wonder how much it costs to drill into granite?
SOC Price at posting:
0.5¢ Sentiment: None Disclosure: Held
