Ann: Exceptional Lithium results received up to 7%, page-13

7% is like 1.25% Li I believe. Which would be a respectable grade if the overall resource had a grade like that (AJM is 1%, PLS is 1.25%). It tells us that there is lithium around but until we see drilling intercept widths and the average concentration of those, its could range anywhere from a dud to superlative.

It's definitely worth keeping in BSM's portfolio but I tend to agree with cazz, the plant upgrade is critical for anything to go forward. I'm speculating but it does seem to me that BSM management might be pumping out these announcements rapidly to get the SP to up a bit before a cap raise. Who knows.