Ok For the new comers..., We have just done a CR and raised 4 million , I have heard it's to very strong hands too, management have taken a large parcel and same with a lot of the top shareholders . We also just got 800k as well from the conversion of options. The CR is to be finalised with Our new Lithium project (In Canada ) on December the 15th. We have plenty of cash to smash 2022.
I advise people to read all the Anns we have had in 2021 . This has come a long long way, and it's just beginning. You will see how undervalued this is and maybe the most potential of any company on the ASX.
Our New Mavis lake Lithium project is a ripper and by its self and is an amazing brown-fields play with drill interceptions of 30m @ 1.7 %LI20. Drilling up a JORC resource is on the agenda. Im sure their will be extra land packages we wil pick up around our assets too. .You don't get better than a good brownfeilds lithium play in Canada .
You can see this is very undervalued .With both projects this could easily become a 500m mc company if the stars aline and it looks like they are.
Todays Ann was core visuals . First hole depth of 140m and what we have seen is in the first 47m . The targets of the geophysics are massive , at Depth that is, previous drilling in 2016 ended in mineralisation and mineralisation doesn't fall out of the sky, it comes from a large Pot below earths surface, what we should see in future core samples its the same thing. This is one of the best Core holes I have seen ,IMO the grades will be huge . This drill program will define it,
I image we will see core visuals and have Anns weekly until xmas time now. Management are clearly very very excited and it looks like this wil be a monster. Good luck to all and of course IMO .
CRR Price at posting:
4.8¢ Sentiment: Buy Disclosure: Held
