Ann: BLM Approval Received-CAD.AX, page-25

A public Holiday in most cities points to a quiet Monday on the ASX

Drilling is on the cards..CAD properties have good potential..forward movement ..brine is faster to production..easier to drill far less costly in all aspects..they make a find and then the fun begins..no doubt CAD will be approached by a few of the bigger players to help finance and speed up the drilling to production..why ? because contracts of supply have been made by a few mining companies around Clayton valley near CAD with Tesla and they don't have enough lithium as yet to supply Tesla's demand ..Tesla wants to keep production costs down so as to be competitive in the EV market so does Faraday nearby..the way they will do that is to source lithium from nearby because it cuts transport costs etc...so they are in the right area to gain solid backing...so that is a good prospect for CAD..financially and for a solid future in the Clayton Valley area..they have done the groundwork..snapped up good properties built a base to work from..drilling will now commence..all good imo..