It's a bold move. It's a punt. It's exploration.
Regarding the geological setting and the aquifers with lithium brines, I'm not a geologist.
But to disregard the tenement as "rattlesnake country" without drill results is foolish.
If I were Pure Energy, I would let a small player buy the tenement beside ours, let them drill and use their capital, and should they hit 'pay dirt', buy them out.
Ann: TOV: SOC Panel Receives Application,TOV-SOC.AX, page-38
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