Ann: Step Out Drilling Hits SW Extension of Nil Desperandum, page-208

we're going around in circles here. put a value on a successful first round lithium drilling campaign and then compare that to CNB's current market cap. Lithium is an entirely different type of mineral to copper in terms of commercialisation. It's a bulk mined commodity more like iron ore. It takes a lot of drilling and money to prove up a valuable resource and location and logistics are a big part of the equation.
So no - a first or 2nd round set of interesting lithium results won't have a significant impact vs current valuation. It would be a waste of time and money to pursue that right now when they've literally found the holy grail of a major mineral deposit that every resource junior hopes for. Drilling out this copper, while it continues to grow and show promise, is the quickest and most cost effective way of growing this company's market cap.