The sooner the drilling starts the better. MT surveys show there is lithium just need to confirm with the drill.
LCE 99% price has dropped significantly since November 2022 from 560k CNY per tonne to 262.5k CNY per tonne.
Along with global bank issues has caused a big sell off in lithium stocks. UBS has acquired Credit Suisse & US Feds injecting liquidity.
Worst case lithium sector underperforms for a few years similar to 2018-2020 or it bounces soon if market improves.
Ann: MT survey Implies Sedimentary Basin at Scotty Lithium, page-2
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