I'm waiting for half a dozen drill holes come up with consistent hits of good 2% and more B4 deciding if there is anything there. The next stage is pattern drilling to delineate an ore body. Very early stages, a few years before channel assays (and chip samples) make a mine.
Bit worried that as lithium prices are in a bit of recovery after January's collapse more reports hit the news with little substance, lets get the drilling into action quickly, and find something other than Sadisdorf which has to be extremely large operation given its relatively low lithium yields, last section report on Sadisdorf was 0.52% over 32 metres.
Need Medcalf to bring in the BIG 2's % consistently.
LIT Price at posting:
13.5¢ Sentiment: None Disclosure: Held
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