No dog in this fight but regardless of how poor the company has previously been managed, they have spodumene which is more than what 80% of "lithium explorers" on the ASX can claim. Lithium however is multitudes of degrees simpler than nickel exploration - an easy target to create some sort of shareholder value with some detailed tenement mapping and a soil sampling program, followed up by a small RC program if there's anything of interest.
The lab results likely come back in the 1-2% Li2O range for these samples but who knows if they've sampled all from the same location - they've kindly chosen to not disclose sample locations - definitely not a red flag
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Ann: Miriam Lithium Discovery, page-31
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0.3¢ |
Change
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Mkt cap ! $2.961M |
Open | High | Low | Value | Volume |
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0.3¢ | 30939828 | 28 |
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32 | 78810998 | 0.001 |
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Price($) | Vol. | No. |
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0.003 | 30939828 | 28 |
0.004 | 9705368 | 11 |
0.005 | 500000 | 1 |
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