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09:50
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Originally posted by ainsleym
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. It states that this sample is NOT spodumeneas was first thought and identified as such in the previous announcement . It now turns out to be another mineral species that looks uncannily similar to spodumene. An honest mistake I suppose. Unfortunately Mr Market at first glance did not fully appreciate this leading inevitably to a draconian collapse in the share price which can now be seen to be not warranted. It never was spodumene, full stop. The actual mineral species is suggested in the announcement and its apparent as they indicate that it’s formed as a result of intensive fractionation in the peripheral NOT EXPECTED "The results suggest the primary mineral is an unusually lithium and caesium-rich beryl variety with visual characteristics incredibly similar to spodumene. The XRD analysis also confirms the presence of the lithium ore mineral petalite. Both minerals are known to occur in a highly evolved and fractionated rare metal pegmatite field in very close proximity to and overlapping the spodumene field (Figure 2B). In fact, the extremely caesium-rich and petalite lithium mineralogy are often considered to be at the lower temperature and lower pressure outer edges of the fractionated system and the spodumene zone occurs very close but slightly closer to the granite source (Figure 4)."
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I've said this forever.....where the Hotter Pink/Red zones within the Meta Volcanic Imagery surround the Blue zones . This is where we need to be Drilling.
