General Discussion Topics & SP-2024 target to beat $1.30 (Last year’s highest), page-2

Thanks JK for starting the thread.

I thought it was interesting in the latest interview that David said that they don't intend to resource drill out Burmeister until late this year or early next year. Previously he said that might occur around May. I think they want to first see what is at Jaegar and that other prospect they mentioned but I forget the name of, first. My opinion is that they are seeing first of all what prospect will be best to focus on and two to wait for sentiment to improve in the Lithium sector as a drill out might need a cap raise. I really hope that Burmeister and Jaegar are contiguous to some degree, won't have to wait too long to find out.

With regard to Lithium prices in China, they are unsustainable at current levels. Mines will stockpile or shutdown until demand improves. Hopefully by that time we will be in the right spot to benefit when that happens. I don't intend to sell this year, only buy as long as things keep progressing as they are.

GLTAH