I don't know enough about brines to say if this announcement is good or great. The neighbour has produced battery grade lithium, but the neighbours MC is about $10 mil. But, if you look through the ASX there is many brilliant early stage projects at $10mil MC.
Our soil samples showed significantly higher grades than there's over the whole fence line.
165m deep seems very shallow, but that could be nothing. If it is good grade, close to surface, that's good.
I hope to hear some commentary on this, its a ??? from me.
Ann: Drilling at Scotty Shows Potential for Sedimentary Basin, page-2
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