Ann: Trading Halt, page-23

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jaydee74

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03/08/21

13:27

Post #: 54992355
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Originally posted by ironman100: ↑

Great News!

About time they get serious about drilling and progressing the project- we already have a winner already! CADEAnything else they find will be a bonus

Spot prices of $1250 of 5.5%Li2O obtained by PLS has changed everything- especially the economics

We need and RC rig to drill this to JORC compliant and diamond also for deeper drilling for underground and geotechnical.
$hit loads of drilling will be required for this and it isn't cheap.

A smaller fraction of a much bigger pie will make us multiples, progress here drilling will make us multiples, we need to progress!
We need at least two rigs drilling full time now!

My hope they drill CADE down to at least 500m get JORC for reserves - by then we should have 10-20mt Reserves.
that will be enough - CXO only has 7.4mt Reserves!!

I'll be the first to put my hand up if they offer retail some shares to progress this.

We also need Shareholders to be supporters here!
Exploration is a tough business - its high risk - but can be high reward - that is the risk/reward profile of a Junior explorer, this is why we are here!

Expand

Agreed Iron.

and if they do release anything half decent and then CR, then everyone would cry that momentum has been screwed.

Let's wait and see. Gingers crossed. Lithium's time is just starting and they are drilling. Can't ask for more than that at the moment.

ESS Price at posting: 13.5¢ Sentiment: Buy Disclosure: Held
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Ann: Trading Halt, page-23

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