The opportunity at the large Niobium anomaly within the Mt Gordon tenement potentially would create the greatest wealth creation opportunity for shareholders in the near term yet the most recent announcement gave no indication of any real progress or urgency shown. Another wasteful announcement and market sold off as a result of.
While I welcome the extension RC drilling at Medcalf and Gordon, current sentiment around lithium isn’t great. Even our neighbours have an upward resource target of 20MT at Burmeister and their SP is in the crap house.
It’s what they are not telling us that annoys me the most. For example they previously acknowledged extensive field work including soil sampling yet these results have not been shared. Early field work at Mount Day demonstrated high levels of Lithium and Tantalum in soil’s. Let us know what else has been uncovered and share it with your S’holders instead of giving us the impression that they are running a private company.
For Reference: Tantalum fetches a whopping $315 USD a KG and Niobium $45USD KG
Early field work at Mount Day:
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