IND 7.69% 18.0¢ industrial minerals ltd

Ann: Option to Acquire Pippingarra Lithium Project, Pilbara WA, page-93

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    I do agree but the risk of further expansion is there where the peg is flat 20m thinly. you would see the possible expansion they would get is the full tenement size which is ~100% more by visual look? then you look around 22mt x 2 = ~40-50mt and that would assume the Li mineralisation is consistently across the entire pegs. I meant overall it is not as good as Tabba Tabba at acquisition point in time. I think that's why they only pay for couple hundreds grants with attaching 20% JV option. this is 50-50 really.
 
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