Ann: Trading Halt, page-99

Actually I don't know if Australian lithium assets of juniors are as good as they are saying they are. I think next year production will not be what a lot of people expect.

http://www.copyright link/business/...flating-asset-sizes-albemarle-20171117-gznday

(Note: to bypass their paywall, just stop the page from loading so you can read the text).

One of the world's most acquisitive lithium majors says many of its takeover targets including those in Australia are overstating the size of their resources and making acquisitions harder to complete.

Albemarle's chief financial officer Scott Tozier said the company was "very active" in merger and acquisition markets, but was finding that many lithium assets were not as good as they initially appeared to be.
"We have been looking at a lot of different deals. The challenge has been, frankly, valuations are relatively high right now, and secondarily, as you're looking at resources, the public statements being made about resources are often inflated once you get behind the scenes," he said.

"Once you sign the non-disclosure agreement and we get our geologist to talk to their geologist and you start to compare notes, you find out that the asset doesn't have 50,000 tonnes capacity, they may only have 30,000 tonnes capacity.
"So all of a sudden that valuation looks way over-valued."

Note that BGS is one of the few ASX lithium juniors that has not made public statements that inflate the size of our resource. So who is? I can think of a few...