Big news team
There is a piece of information that escaped everyone, but not me. Read highlighted sentence below.
This is new information. Geophysics in this spot identified 600m. AND, it confirms my theory presented all along for months now.
Below I marked up Hole #5 AND now Hole #6. Using extrapolation of ALLKEM research. So far it has been spot on for Holes #4 and #5, where I predicted back in March exactly how these two hole would fare, with details of depth and lithology.
So now, further away from salar, at Hole #6 we will have the following (print this post, glue it on the wall and check it in 5-6 weeks):
Hole #6 Upper Aquifer: ~100m (grade around 300ppm, average of Hole 4 and 5)
Hole #6 Halite layer: ~0m
Hole #6 Low Aquifer (deep sand): ~450m (grade 450-500ppm, average of Hole 4 and 5)
The depths I am 95% confident. Grade is an educated guess.
The Hole #6 will add an area to the indicated JORC (using 2.5km radius) of 657ha in addition to the areas already covered by first 5 holes.
Estimation below, of what holes will do to the JORC, additional 1M tn LCE., so the 3.5 - 4.0 M tn interim JORC soon to be announced will eventually go to 4.5 - 5.0 M tn following the inclusion of Hole #6 findings.
JABRA, if you believe this announcement is not price sensitive, it is because you live in the world of charting & toilet cleaning.
Whether is 87c, or $1/share, in my humble opinion you still have time to come onboard before take-off. DYOR
GLTAH. Looking like another green weekend ending (3rd in a row)
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- Ann: Hole 6 Commences at Solaroz with Third Drilling Rig
Ann: Hole 6 Commences at Solaroz with Third Drilling Rig, page-23
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