It is nice to build the home resource out. About 3 times more drilling results to come in outstanding assays. This is better than developing a new resource from scratch. This NAL drilling program is a significant development and will add significant worth.
Given we can stablise the management issues, get to capacity (in time), this NAL resource, plus Moblan, etc, should see us move to a major supplier in the years to come. We just need to put our head down, and push for operational efficiencies, and get that carbonate plant going.
I'm not sure about short term SP, but this will prove to be cheap when the markets and lithium prices turn back in our favour.
Ann: New High-Grade Zones Encountered in NAL Drilling, page-62
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