Sorry, a further deep analysis:
Right now given the variation, the market won’t respond to this as it is preliminary work that they have conducted identifying the outcropping pegmatites. With muscovite present visually; the next step to determining whether a highly fractionated LCT type is present in the area:
i) with determining the Potassium and Rubidium rations (K/RB) ratios in Muscovite (as the lower the ratios are the higher the fractionated LCT type present)
ii) The higher concentration of Lithium present in the muscovite is also another indication of a highly fractionated LCT type.
As mentioned above, the market cap is fairly priced in with ongoing field work determining a maiden drilling programme which would help to better understand and evaluate the tenements.
NG
Sorry, a further deep analysis:Right now given the variation,...
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