Very promising tenement if DLI and VSR are anything to go by. However, given the sheer size of the area and the fact that DLI are burning through $1.2M/week in drilling costs I would say they are going to need a whole lot more than $10M in the very near future. Also listening to the MD, they need to focus on one thing not REEs, lithium, and anything else rather than their scattergun approach to which he was alluding. Going to be one to watch closely. This one could be big.
AUG Price at posting:
21.5¢ Sentiment: None Disclosure: Not Held
