the clay resource and potential (300mt to 1k mt LCE is not valued by the market. I bought for the brine also, but 28 meters is low compared to South American 300 meters, so I fell for the hype and the market has downgraded the share value for not living up to the hype as inferred in news...expecting around 15 meters of brine, which is about half of American brines depth (not quite certain on that), which woule be decent.
"depth of the Main EM anomaly extends from 30m below-surface, which also corresponds with the observed water depth of water wells, to a depth of around 200m where it ends in the basement rocks. "
But have a substntial holding for reward to inground value future realisation. Mainly because the stock is now too illiquid, which goes against my investment strategy, and illiquidity would also deter others who see profits elsewhere.
AM7 Price at posting:
18.0¢ Sentiment: Buy Disclosure: Held
