Jabba
Just answering a question asked re: comparisons. There are none. At this stage it is all built on potential. No resource, no metallurgy, no approvals and initial indication of a moderate to steep lying single lode with a likely strip ratio of over 20:1. Compare that with LTR in May 2020 and they had a flat lying resource with 160MT @1.4% Li02 ( supported with multiple true width intersections between 30- 50m) and lots on tonnes per vert metre, with great metallurgy and a Scoping Study behind it. Market cap at that time $180M vs RDT MC of over $200M (admittedly Lithium prices half of what they are now). So my comment holds, this is very much speculation and I'm not in any way sure that it is supported on what I've seen thus far. That said, it can all change if the drilling goes extremely well and initial metallurgy supports the next phase. Great for trading though in these FOMO times.
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