What you fail to understand is Brine drilling is very cost efficient compared to Hard rock lithium drilling , as brines are generally leached to the surface.
So very limited money will be needed to prove up a potentially massive Lithium Brine resource here.
Galan (GLN) are overseeing all this and MAN with cash of $16.8m and $20m MC is just a complete bargain at this level.
I expect to see 5 cents soon and the 10 cent performance shares in the money by Christmas.
Ann: Additional drill location identified at Utah Lithium Project, page-4
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