Honestly $12 million isn't much to a company like SQM and they can write it off especially since they will be making profit at Mt Holland. And in spite of my earlier statement about putting one hole in......maybe that isn't a realistic strategy? An exploration/drilling campaign should be exactly that. I do understand your disappointment as a walk up target of this quality is hard come by. There's other blue sky prospects. I'm on a super cheap (EV$5M) greenfields prospect in the NT and I'm sure there are others
Ann: Kalamazoo enters Pilbara Exploration JV with SQM, page-17
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