AM7 arcadia minerals limited
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Ann: Lithium confirmed at Madube Pan with 44% thicker clay unit, page-5

  1. sydneysider
    4,838 Posts.
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    22/11/22
    10:47
    Post #: 64912134
    Current drilling is done with an auger and is very shallow (around 15 meters or thereabout depth) so opex for next JORC upgrade is extremely very low cost. AM7 has exploration permits over 4,000 square kilometers of the valley floor. These claypans extend over a very significant surface area. IMHO we have caught the lithium tiger by the tail and where it spreads across the valley floor as a claypan and deeper as a brine has massive (my speculative guesstimate) upside. Good luck to all longs.
    AM7 Price at posting: 27.5¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch. 2  Great analysis
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