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Ann: Lithium and Graphite Projects Exploration Update-ADV.AX, page-49

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  1. 1,644 Posts.
    lightbulb Created with Sketch. 804
    Definitely nothing negative in the report to my eyes..
    Confirms the company is continuing to be thorough with exploration. Given they have quite a large exploration area to cover (which by the way is indicated to have equally large area of deposits), then it pays to be thorough to implement the best drilling programs..

    My thoughts are short termers who were holding for a possible resource ann coming very soon (and SP spike) were dissapointed that the ann which we got basically said business as usual, equating to maybe more waiting than they thought for the next SP jump, pulled out...

    The people with eyes on 4+ cents and beyond I have no doubt are still in..

    Large mapping, large drill area,large resources = more time consuming to encompass the whole resource..

    The serious money will come when it's all JORC'd, and everyone will be glad no shortcuts were taken in inventorying the resources available for the sake of pumping the SP earlier..

    Some people's timeless might not fit with an investment, hence the negativity, but good things come to those who wait, as they say..
 
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