Ann: Significant Lithium Intercepted at Bald Hill Mine, page-34

This is really a speed-to-market play and I'm still confident there's more than enough spodumene in the area to get this thing going.

I guess MCT has got a good chance at finding spodumene at their Cowan ground, based on this NR. However, the logical end game is that a deal will be made between MCT (if they find high grade spodumene) and the Lithco/TAW/Alliance group.

So all in all I'm not worried. I think this is a chance to buy cheap. But like I've said before, the 1.5c /2.5c placements spoil the short term fun for punters. Lot of churning still needs to happen.