4 holes per section and 15 sections doesn’t give 400m x 1500m. Try again. Let me give you a hint. How many holes does it take to measure a 100m length??
You will see that at best, prob get 235mt of say 1.6% Li2O for 20,000m. About on par with PLS but with a higher grade...and we all know what their market cap is!
And lets not forget that this is from the FIRST round of drilling (whenever it is completed). We have another 20,000m and a massive resource that will need many more metres drilled beyond the 40,000m. We are not at the same developmental stage as some of our peers but we will certainly dwarf their reserves in the medium term.
AVZ Price at posting:
15.5¢ Sentiment: Hold Disclosure: Held
