I'd like to see the cash balance when the 4c is released. Mali will be cheap for drilling but they've done so much they can't have more than $2m or so you'd think. Not concerned though as I firmly believe Intermin will front up and pay some vendor oppies at 30c when they need the cash. I don't think any non-baked in dilution will be coming until the end of the year.
Would have been good to see the pegs increase in width at depth but not the case. However based on the strike and the sheer quantity of mineralised pegs intercepted at such shallow depths I agree should be so much higher even with lithium sentiment where it is. I like the look of BRCD01 in particular as shows there's some nice widths at depths to the very north of the main peg. What's the go if they trace it beyond the current mapped area? Blakala is in the middle of the broader Gouna permit right so any mineralised zones beyond the current mapped area shown be FL1s?
FL1 Price at posting:
25.5¢ Sentiment: Buy Disclosure: Held
