ARI 13.3% 3.4¢ arika resources limited

Ann: Lithium Drilling Completed at Pilgangoora South, page-101

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  1. 15,109 Posts.
    lightbulb Created with Sketch. 2625
    if all the stars align we shouldn't have much trouble clearing back into the 10's. if there is decent grade at P-South the momentum should carry us pretty well and long enough for Lake Cowan Auger results to come back in. while no one is expecting much from an auger drill round it should hold us steady assuming its suggests positive.

    While that is happening they will likely either continue drilling and further map the strike/resource in both locations or move into the new FMG tenements or run over to stannum. Alternatively, head down to the Yerrida basin and drill for some cobalt. keeping in mind we still have the gold and graphite tenements all supported by Admiral Bay that could pop off at any minute.

    there is no doubt we are in for a wild ride. if any of the news creates negative sentiment and we lose some pips I will be loading up like a mad man... this "averaging up" i've been doing for the last few weeks hasn't made me feel like i know Australia's best kept secret, i just feel like i'm buying WES shares.
    Last edited by blister: 05/01/17
 
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