I believe (IMHO only) that LD was bitterly disappointed with the lack of detail that could be published in the scoping study and since then there has been a single focus on drilling to solve this issue. Now that's done the focus has shifted back to getting a partner in the deal. I love the way LD spends or more to the point doesn't spend our money. The MOU has no down side for JRL and the upside is $2m (it was funny when he said $200m in video) spent on proving our project by a third party that may become a partner in the deal and clearly LD has carefully vetted who he wants to do business with.
I have only invested in JRL because I have faith in the future of the company and the directors running it.
There is a third company in the Mcdermitt caldera being Gold Tree Resources https://www.goldtreeresources.com/mcdermitt-lithium and they are a long way behind JRL and LAC. The map shows addition Li zone owned by LAC. Will be interesting to see what GT do if anything
Good Luck
I believe (IMHO only) that LD was bitterly disappointed with the...
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Last
59.5¢ |
Change
-0.005(0.83%) |
Mkt cap ! $35.99M | |||
| Open | High | Low | Value | Volume |
| 57.5¢ | 59.5¢ | 56.0¢ | $7.11K | 12.42K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 955 | 59.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 60.0¢ | 10000 | 1 |
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| Last trade - 16.10pm 06/05/2024 (20 minute delay) ? |
| JLL (ASX) Chart |