I missed this in the ANNThis MOU follows initial analysis of a...

I missed this in the ANN

This MOU follows initial analysis of a smaller sample of McDermitt ore undertaken by POSCO in 2022.

Was questioning why POSCO would spend $2m on testing, checked ANN for last year and there was no mention of POSCO doing metallurgical testing, there was an ANN 14/10/22 about metallurgical test work but that was performed by Lithium Consultants Australasia based in Perth.

POSCO must have liked the results of the small test and wish to see if they can scale it up and willing to foot the bill for the test, if successful this could be the beginning of the re rating

So what are we expecting in the next six months

1. Increased resource number
2. Scoping study re released or they might just do a prefeasibility study instead
3. POSCO signing up as a partners with deep pockets

Lots of possible good news