I believe the results are positive. As stated in the February 29 announcement, the next steps were described as "currently awaiting results and interpretations from the two holes they've drilled in the coming weeks." Therefore, the interpretation mentioned in the quarterly report is not new and may not necessarily be prompted by negative results.
They have also signed a Letter of Intent (LOI) with Stardust, and they require a thorough interpretation to finalize negotiations. Liberty exhibits a substantial lithium brine surface anomaly with elevated results reaching up to 215mg/Li over 10km. The second hole has intersected five brine aquifers at depths of 90m, 130m, 210m, 245m, and 295m, with widths ranging from a few meters to 10m, indicating a significant lithium host brine.
In my opinion, there may be various other developments occurring behind the scenes.This is my perspective and not financial advice. I remain optimistic.
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