I know we have companies chasing us at present for deals, imagine this will be mentioned once again in the quarterlies. But for me there are some key steps that need to be undertaken before we agree any deal with anyone;
I'm pretty sure they are already working on the revised PFS, final drilling results will just need to be locked into the resource model before the final numbers are generated. Guessing about 2 to 3 months for PFS2 completion.
- We need to increase the resource size - we are well on track to achieve this. The current drilling program should see us over the line to support a 4 mtpa processing option. Close to ticking this one off.
- The revised PFS - the increase in resource size, major reduction in power and transport costs and more current lithium pricing will all combine to make this PFS look incredible compared to the last.
- Then after 1 and 2 have been completed is the time to get serious about locking in a deal.
Loving these latest results we are seeing, more patience required.
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- Ann: Corrected Goulamina Drilling Update.pdf
Ann: Corrected Goulamina Drilling Update.pdf, page-128
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