I got an email about $L1M from Hotcopper this morning. Always makes me a little concerned when companies feel the need to advertise their potential. Especially when they haven't actually started drilling yet. Like why are you trying to pump the SP now? Makes me worry a CR is coming pre-drill results... I hope not.
They had $2.6m in cash on the 30th of September. Probably enough to get them through to now and pay for the upcoming drilling but they will need to raise.... question is, will it be before or after the results from the drilling?
Cheers,
DMac
Ann: Spodumene Confirmed & Strong Lithium Soil Results in Brazil, page-14
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