What you say @Mr. Metorite is correct but some wider context.
SQM are pretty expert on Li extraction and the metallurgy results are also key. It is only the first drill so let's not get over excited one way or the other.
They always drill according to a plan and start at the outer edges. They aren't going to drill into the most spectacular location first it's not how it's done, drilling programs aren't designed to satisfy traders.
SQM provides synergies with processing that is they have an actual processing plant. Plus the two potential mines for Li and Ni + will be access via a single hole.
Plus we have easy access via transportation etc.
Plus so far we have near 100% correlation between MRIs and mineralisation.
- Forums
- ASX - By Stock
- AZS
- Ann: High Grade Lithium Drill Hit at Andover
Ann: High Grade Lithium Drill Hit at Andover, page-57
-
- There are more pages in this discussion • 23 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)