IMI 0.00% 1.8¢ infinity mining limited

Ann: Appendix 5B Quarter Ended 30 September 2022, page-3

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    It would be educational to look at RGL‘s share cafe interview a few days ago where the CEO explained his modelling of the pegmatites. RGL did not have any spodumene on the surface but predicted it to be under the surface as it was highly eroded on the surface …And spodumene being softer degrades quicker when exposed to the elements…and it has been now proven.
    We have discovered spodumene on the surface with a large system of pegmatites already been traced. We are drilling at the moment and as I’ve mentioned before plenty of cash $6 million tight share register and if they have some decent hits this can go up very quickly. A lot of the lithium companies …explorers have very large share scrip issued .Totally different to ours but it reminds me of an early stage GL1….. it took off very quickly when the initial discoveries were made… Still its speculation until confirmed so let’s wait and see
 
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