Ann: Positive High-Grade Lithium Results Continue at Colina, page-52

Hi all (I posted this in the general thread and then realised it should be here, sorry)

Having read the announcement today, I am of the view that it confirms what we already know about Colina and that what it says about Fog's, Salinas and the Colina expansion doesn't add anything factually significant to the overall LRS story and short-term narrative. I don't think there is anything here to materially move the share price needle.

If I put my "risk-off" hat on as a trader, there is no change and stand-by for more substantive news or a change in the macro conditions. For the true believers who want to go the distance, the current sentiment dip in Lithium overall could be considered an opportunity to accumulate.

I could be wrong in my interpretation of the announcement. Let's see what happens in the next few days.

DYOR GLTAH Jas.