While it sounds impressive I think it's phrased to sound that way. Firstly, it just says pegmatite not whether it's rich in Li minerals or not. (It could be rich in others). Secondly, it's deep. Either one is going to have to dig a decent open pit or use U/G mining methods. That then means it needs to be rich. 120m is pretty thick intersection though.
Them (considerable) hard and expensive work will have to be done to prove it up. That's where IGO's deep pockets corn in. At least it's in Aust.
All IMVHO.
Ann: SGQ: 121 Metre Pegmatite Intersection at Mt Alexander, page-2
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