My interpretation of their action plan is to use recent funds to drill lithium tenements. Once assays are received, this will allow geo's to plan further drilling based on results. Do another drill campaign to really peak interest, then another CR at a much higher SP.
PS - the fact that we are surrounded by companies that have $120m MC (Mi6) and $450m MC (DLI) speaks volumes about the tenements that we hold. The "nearology" is not strung out either i.e. some companies try to ride the coat tales of others... "just 148km north of X deposit".
PPS - David Flanagan (DLI Chairman) has publicly commented "Preferred host rock definitely runs into their (RR1) ground. Outside of DLI, Mi6 and RR1 are my favorites in the Goscoyne"
This is all blue sky of course and all IMO.
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