"Lithium tenements CMC has a 40%equity interest in CMCLithium which owns 2 tenements in the Greenbushes area of Western Australia. Mineral exploration activities continue to be in progress. For the 12-month period to 30 June 2019, CMC Lithium conducted a Laterite Surface Sampling program and following the encouraging results obtained from the sampling program CMC Lithium commenced an aircore drilling program during May 2019 with drilling samples sent to the laboratory. CMC equity accounted a loss of $90,600"
This is the first we have heard of Lithium for quite some time . They state 'there was a drilling program undertaken in May with drilling samples sent to the laboratory' . So what were the results , its now September ?
We shouldn't be surprised at this lack of information should we ?
I note Tom Blackhurst and Bill Bass are both on this board after having resigned from the CMC board 'for personal reasons' . Might be worth a bit of digging into their CVs . Hard to find much on Mr Blackhurst ( interesting in itself ) but those on Linkedin can read about Mr Bass ( 1984 - 95 and 2001 - 03 are very interesting periods )
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