Ann: Charger Confirms High Grade Lithium at Medcalf, page-100

If CHR is a buyer beware and these projects are dogs, it was a very smart move from LIT's management to gave away 100% ownership and spin-off the assets. But you've said LIT has faired terrible, that means LIT's management make a lot of mistakes and isn't very smart ? That's good news, cause it increases the probability that they've throwed away 75% of a company maker.

Anyway, at the end Mother Earth and a diamond drill rig will decide it CHR will succeed.

If anybody knows another Li-small-cap with a marketcap around 20 Am$, a similar cash position and a project with better 1st RC drill result - please share it with me.