Admittedly,Jadar came as quite a surprise.
Images of protesting Serbians inevitably flashed through my mind…But I guess there are always two sides to the coin.
Well,the thing is, as an Investor and according to my personal assessment,a final statement about Jadar will be possible at the earliest in Q2/23 and until then it will be a looooong bumpy ride.
Nevertheless, the planned time frame looks OK to me. I can live with the first results from phase 1 next december. Maybe there will be a surprise in the first 3 samples, who knows...(two more would certainly not be a mistake).The 18 other boreholes seem to be plausibly arranged and should finally show what we have under our butts and if it is an area that “indicates high prospectivity and similar potential to the lithium-borate mineralised Rio Tinto Jadar Project.“
Like Sefcovic said it 6 months ago, i still think they‘ll gonna get their Graphite from Ukraine and their Lithium from Serbia.
In one way or another this critical metal will cross borders, but i guess that‘s another story
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