Ann: Excellent Lithium Intersections from Manindi Pegmatites, page-132

Hi,

That MLS has found Lithium is a good start. What I found even more exciting is the fact that they found relatively high grades of Rubidium.

The price of Rubidium is 2 and a half times the price of gold. $125,000 per kg. (Tantalum is around this price too.)
So 16m @ 0.32% Rb is comparable to 16m @ 0.80% Au.

That sound rather amazing to me when considering that this is only the by-product of mining 1.12% Li.

When looking at the share price movement today it appears that I missed something.

Can someone tell me what it is?

75% of drilling completed and essay results should trickle in over the next 2 months. Market cap $53Mill appears to me at the very low end of a reasonable valuation.

I guess time will tell.

K