Ann: Cauchari - Further Conductive Brines Intercepted, page-9

AK2018. I still think it's early days, but, IMO, the biggest mistake that punters and some on this forum are making, is that they are treating these reports as those old "nearology" ones that management makes to try to pump up the SP. It worked for years, but, not these days. Punters now want and are waiting to see the actual final results of LKE's own holes.
That is a huge mistake with brine, what LKE is reporting is that "This continuesto support our long held view that the brines extend under the alluvial cover on our leases." I.E. It is the very same source from which those other majors are producing from!!!! It's not "near" it, it's IT.
The market sees "this continues to support our views", "our views". LKE management's views. Very subjective and the market is treating it that way, subjective management rhetoric and are ignoring it. It will take the full depth of tests and some knowledgeable support for the SP, for punters and investors to believe the message.