MAT 0.00% 2.9¢ matsa resources limited

Ann: Brisbane Mining Energy & Minerals Conference 24 March 2022, page-5

  1. 146 Posts.
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    i've done some research into mat's Thailand lithium exploration plan.

    it doesn't seem promising with mat applying in areas that are difficult to explore such as thick jungle, could have issues getting licences approved or is land that has been rejected by pam as low quality prospects.

    delays are happening with licences approvals in Thailand and mat won't meet their timeline of getting their licences approved in 2022 or be drilling in Q1 2023.

    Thailand mapping and sampling is supposed to have started mid Q1 22022 although there has been no update on that for 1.5 months. the geologists are probably stuck in the jungle walking 2km a day and unable to find rocks to sample beneath the thick undergrowth.
 
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