I was a bit disappointed at the announcement. Nothing very new except we saw their dudes looking intelligently at old cores. At least they will get samples for testing back in Aus. Only issue might be contamination of the cores over the many years they've been lying around.They did say that they will be looking at old spoil heaps as well (maybe get samples and do metallurgy in Aus) as well to see if they can recover some cryolite.
They only have $1.8 m in the bank so they will need to do another round of capital raising, maybe when they get test results.
EPM Price at posting:
2.7¢ Sentiment: Buy Disclosure: Held
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