Ann: Retraction and Clarification Statement, page-5

Typical ASX nonsense. This was required by the ASX. Yet the ASX shows no consistency. The key statement here is that their previous Ann uses the previous exploration data - and the company has found no evidence that the previous data is not reliable - however because they cannot independently verify that data it cannot be relied upon under the JORC Code 2012. By independently verify, what is actually been said is that they cannot verify it comes from the reported holes around teh area (i.e. they have to do their own drilling).

The issue here is not around visuals anyway - you need to drill to determine the extent, breath and width of the resource. Headline rate of 70cm spodumene only indicates that their is spodumene there, but doesn't say much more. A bit like rock chip samples that exploration companies report on - help the SP short term but then drilling decides the ultimate fate.

Not surprised more companies are not looking for lithium in Czech Republic given its resource status:
Europe's Largest Lithium Reserve to Attract Foreign Investments in Czech Republic | Blog (czechcompanyincorporation.com)

All IMO