FL1 0.00% 22.0¢ first lithium limited

Ann: Exceptional assay results from Blakala holes 4 to 15, page-43

  1. 2,205 Posts.
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    Disagree with the dilution point. Doesn't look to be the same scale as Goulamina at this point. They'll have done enough drilling to release a maiden MRE of 50mt+ this half.

    They've already got baked in dilution with the oppies that will bring in over $10m. More than enough to see a resource of >100mt if it's there before needing to raise.

    Keen to see the drills turn at Gouna too.

    But yes definitely could be a catalyst with the Leo situation getting resolved in the next few weeks with a positive outcome hopefully.
 
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