LEL 1.52% 32.5¢ lithium energy limited

LEL - The Sleeping Giant, page-271

  1. 12,651 Posts.
    lightbulb Created with Sketch. 2573
    i am sure they will use hole 2.

    Probably do an estimate (inferred on the JORC) on the depth, as they did not drill down to target depth due to issues.

    Holes 4 and 5 will add significant tonnage to the Resource statement

    If the interim statement is holes 1 to 5, i think we will see 3MT to 4MT LCE. You never know it could be even higher!!!

    That would be amazing and would justify a substantial re-rate of LEL's share price.

    It would be in the league of companies trading at $300m to $900m

    The current price is at ground floor entry. I picked up more at 91c and 92.5c.

    Missing out on a pip or 2 lower, could be very costly!!
 
watchlist Created with Sketch. Add LEL (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.