Ann: Salinas Lithium Project Update - Brazil, page-10

Just thought I's compare some of the existing ASX competitors out there just to get a whiff of where we potentially could be in relation to them. (there are plently of others out there, I'll leave it to the student as an excercise )

Pilbara Minerals: 309MT grading 1.14% Li2O (source:https://newswire.iguana2.com/af5f4d73c1a54a33/pls.asx/6A1054484/PLS_Material_Increase_in_Ore_Reserve)

Jindalee Resources: 1430MT grading 1320PPM Li (0.43% Li2O) (as of 08-Apr-2021, Source: website)

LRS grades range (very roughly with a very low level of confidance) from 1.45% to 2.76% - more likely 1.5-1.6% Li2O avg.
Remember kids, "Grade is King" and you can take that to the bank.

The grades are far superior based on the numbers - once again, nothing proven at all from drill cores - this is purely random chip sampling.It does however set the stage for some very interesting MC re-calculations once the RC drill assays get published.

Add to this, we have the JV with Integra with the Catamarca lithium pegmatite project.

Further to the above, add the value of the Kaolin-Halloysite project with near term monetisation potential with DSO in the works.
I think in this case, Chris is doing something sensible - monetise the Cloud 9 asset as soon as possible (fastest and cheapest way is through DSO), use part of the cash flows to further fast-track the development of the Lithium project.
Once again, its a patience game and I personally feel SH will be rewarded for that virtue.It would be great to have some sort of business plan ANN come up so that confidance can be boosted a bit - are you listening Chris?