Its deep but it appears to have a large homogenous system at depth. If it comes as [email protected]%li2o, it will definitely be very economical to mine. Besides this is just one hole although this could be the best hit by the company so far. Other hits are at varying depth. You wont find an Australian lithium project with MRE that is less than $125m mc. This is very likely to rerate when MRE is out next month.
Ann: Investor Presentation, page-69
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