Interview on Resource Stock Digest (youtube) with AAL CEO discussing the current progress on phase 3 drilling programme, recent capital raise, and way forward towards DFS by year end or Q1/2019.
He says also they re setting up a data room at the moment because they get lots of interest from potential offtakers and acquirers.
He is confident that in time they will have some good offers to choose from and says after completion of phase 3 drilling, he expects to have 3 m tonnes + of measured resource at improved pump rates from depth which could be worth $150 per tonne, so 4-5 times current AAL market cap.
He also notes he expects to the soft lithium markets to pick up strength in the next two quarters.
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