You need to remember JZ only based the JORC on 100m of drilling because how much resource do you need to get going? 247k tonnes is plenty- they can just drill down later if they need to or buy more tenements. This isn’t rock lithium- don’t get too fixated on JORC size. Lake resources drilled down 400m. So what? They haven’t even got a running process! Who knows if they can even get one going?!
This ‘risk’ is just completely overstated with AGY, IMO.
General Comments & Banter, page-12446
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