Ann: Aircore drilling commences at priority gold targets, page-6

They seem to be between a rock and a hard place at the moment. The lithium bubble has burst but they don’t have enough money to go full tilt at the Gold and Nickel targets.

I’d still like to see them continue exploration for lithium in conjunction with the gold and nickel, purely because it’s someone else’s money that they are spending on it anyway. It won’t cost MXR anything to keep some steady progress rolling on the Lefroy JV.
If they slowly plug away during the lithium downturn, if/when lithium does spring back to life then they have already done all the early ground work and potentially even have a lithium resource to excite the market.
Also, while the lithium sector has crashed for the time being, I still think there is enough attention in it to see a big run on the back of a proper lithium discovery.