No dog in this fight but regardless of how poor the company has previously been managed, they have spodumene which is more than what 80% of "lithium explorers" on the ASX can claim. Lithium however is multitudes of degrees simpler than nickel exploration - an easy target to create some sort of shareholder value with some detailed tenement mapping and a soil sampling program, followed up by a small RC program if there's anything of interest.
The lab results likely come back in the 1-2% Li2O range for these samples but who knows if they've sampled all from the same location - they've kindly chosen to not disclose sample locations - definitely not a red flag
No dog in this fight but regardless of how poor the company has...
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