Ann: Kalamazoo enters Pilbara Exploration JV with SQM, page-15

I understand you're frustrations but there's no guarantee that there is economic reserves of lithium in the tenements.
Would it have payed to put a the drill in first? Maybe but like I said there may have been rumblings from major shareholders about chasing lithium.
Go back at the Dakota Minerals debacle last lithium bull run 2014-2017. They had a sniff along strike from PLS, raised for the exploration program and found diddly squat and the price including the point at which they went cap in hand the markets tanked. I think 70-80 percent capital loss rings a bell but DYOR on that one. If exploration were that easy there would be an abundant supply of all minerals