1MC 3.45% 3.0¢ morella corporation limited

Ann: Positive Results for Fish Lake Valley Project, page-11

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  1. Io
    582 Posts.
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    Drilling a hole at the edge of the playa where it is highly unlikely to hit lithium seems like a strange move when you don't have much cash. It would have been better to not drill the 400m hole, get the geophysics done and then test the real target where the lithium brine is likely to be somewhere towards the middle of the playa. when you don't have much money it's not a great move to drill holes with a very low probability of giving you good news.
 
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