Actually that's not true they haven't even done any due diligence yet, so you are very misleading.
From LRS in Sept 16
The Earn in agreement has been constructed to allow exploration work to be carried out in the first 6 months to ascertain and determine if there is viable lithium mineralized resource before any substantial payment including shares to the vendor. The consideration for a 90% interest in the Ansotana Projects shall, subject to necessary Latin shareholder and regulatory approvals, be divided into (i) the delivery to Minera Ansotana S.A./Mr Enrique Vidal (“Vendor”) of US$10,000 in cash and US$1,000,000 equivalent shares over a 36 month period
Highly overvalued, page-89
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