I suspect this may the lowest base going forward.
Licence is valid.
Legal issue is moot [decision on 20th to put it to bed 100%]
Pegmatites are more extensive than previously thought.
Significant zones of spodumene mineralisation identified from mapping.
Spodumene in core to test surface mineralisation above @ 1.6% Li2O [8.03% pure x 0.2 = 1.6% minimum] with assays to follow.
1009m of line trenching completed and 469 samples to be assayed.
Drilling continuing.
Core photos to come [maybe today]
Would be nice to hear an analysis from @mineralised
Great weather expected for next 4 months. [thanks @Pimpfreud]
I'm sure @TheArchitect is floating around somewhere.
I'm quite confident now we are heading for a MC of $AU600M with a little bit of dilution along the way, another credit raise and some more drilling/assays and a PFS.
Sell to Chinese by end of year for $US600-800M please.
Maybe a 15 fold result.
I suspect EGM result will be in favour of all resolutions.
Full steam ahead!!
;D
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