Ann: Brazil Exploration Update, page-105

I wouldnt be selling just yet when there's this

Boca Rica Lithium Project

This project currently consists of 3,871ha covering an area of known Lithium-Caesium-Tantalum (LCT) pegmatite swarms that are extensive along strike for up to 1.7km’s. This project offers us the opportunity to make a significant lithium discovery. A spodumene zone has been identified that is approximately 6m in true width. Two rockchip samples were taken of strongly weathered spodumene crystals only from a shallow underground adit that returned results of 1.16 % LiO2 and 0.13% LiO2 (refer attached Table 1) 1.

Strongly weathered spodumene crystals are typically low in lithium due to leaching of the lithium in the weathering process.
Spodumene crystals in this zone are up 1m long and represent 20% of the zone. Once we have received the required environmental permits we will be mobilising the company owned diamond drilling rig immediately to drill diamond holes targeting the spodumene zone below the weathering profile. The depth of weathering is expected to be to a depth of 30 metres.

The fear just intensified today after opening at 6.8c, not sure if punters had any clue about the above when they hit the sell button at 7m market cap. Great risk/reward here and not long to wait until they drill through that spodumene zone.