Ann: Further high-grade Lithium encountered in Colina Drilling, page-19

If I'm not mistaken, the 28.8m found in hole #26 is the widest intersection discovered to date. That's a significant piece of news. Not sure why there wasn't a reference to this in the headline of the ANN. Perhaps mgt don't want people getting ahead of themselves before the JORC in December?

Also, given the location of hole #26 (literally on top of the tenement boundary), this raises some significant questions about that eastern tenement. The pegs appear to be getting thicker at depth as they run towards that eastern tenement....

RE: Southern extension tenement: the original ANN doesn't refer to there being any signs of above ground outcropping. https://www.investi.com.au/api/announcements/lrs/bda7c922-50f.pdf

Given our southern most drilling is not as impressive as further north, it sort of makes me wonder what management's logic is with this southern tenement. Maybe there is some geology they are aware of which we aren't, but so far it doesn't look overly exciting.

RE: Drilling Progress: Since the 16th August ANN we seem to only have completed 5 additional holes (31, 36,37,38 & 39). Seems unusual to me given 3 weeks have gone by and we have 4 rigs on the ground. That's an average of each rig only managing just over 1 hole per week. Something definitely strange there.

Perhaps a couple of rigs are in the process of being moved which has slowed things down?

Very unusual the rig which did hole 33, doesn't seem to have drilled any other holes nearby in the 3 weeks since.

Also strange that this ANN indicates there are currently zero holes in progress. Doesn't seem to make sense to me.