DLI 4.55% 21.0¢ delta lithium limited

Ann: Mt Ida - A New Lithium Province, page-48

  1. 17,028 Posts.
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    I liked how this played out.  They organized the finance for the purchase of the old mine well in advance. Then when they were completing DD they noticed the old lithium intersections.  No leakage from the company (as financed was already sorted so less groups involved) until they released what they knew to the market.

    I think folks are underestimating the significance of past assays records. They know where exactly where to drill. Hitting the ground running with aa 25,000m RC program, securing a second rig and also started met studies.

    Also they are assaying that core that they managed to find that was stored away.  More than 12 months of exploration work  already under the belt from past exploration works.  

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