Ann: Quarterly Activities Report and Appendix 5B, page-5

I I see the hand of our Chairman in the  funding. A good flexible arrangement with 35 mouths to feed and an expanding drilling programme.

The resource estimate and timing of it's release probably depends in large part  on the operating cost and how sound Lilac's expectation is in ramping up  to commercial operation. 

" Lilac is now estimating operating costs for commercial lithium production at Kachi for direct production of lithium carbonate or lithium chloride. Given initial results, Lilac expects a globally-competitive cost of production".

A lot on the line for them, they must get it right

They will have the benefit of the work for Anson that seems to have been running parallel with LKE. Different brine characteristics but same basic process which is described in this article

Search : "Paradox Lithium Project: Fast Tracking to Production - HotCopper"

darchand, Note that the Fundamental Research Fair Value of $0.44 was dated August 15 with no reference to the Lilac process.and may therefore be conservative