Ann: Lithium and Gold Direction-SOC.AX, page-16

Really can't understand why this doubled on this news

SOC have been sitting on Mt Adrah for months, with promises of drilling only leading to CR's and no follow through

The same goes for Halls Peak, not even a mention in this update and they chose to let the 1:2 government grant lapse rather than drill the deposit ?

Must be a welcome relief for L/T holders, but all I read here was they are considering a lithium project and on that it has more than doubled

IMO punters should have a read of the resolutions sought at the AGM. The GTT boys have only just been appointed to the board, performed no drilling, played nothing but corporate shuffle and now want to increase their salaries and grant themselves a bucket load of options, conveniently right before a lithium acquisition that sends the price 100% above their option strike

Talk about snouts in the trough

My guess is Mt Adrah and Halls Peak will see little work, likely flogged off for peanuts once the market is focused on the Lithium