MLS 4.55% 2.3¢ metals australia ltd

Ann: Priority Andover Look-Alike Drilling Targets at Warrambie, page-20

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    It should release a quarterly tomorrow, which is what I've been waiting to read.

    They have a few irons in the fire, maybe too many, it might be prudent in the short term to just concentrate on the graphite and gold and get something up to a development ready stage.

    They seem to be obsessed with lithium, as quite a few explorers still are.

    They have Murchison and Tennant Creek gold/copper they can progress.
    I'm not sure their lithium is going to be significant, there are a thousand lithium explorers.

    I suppose in support of the company though, you have to say that nearly all their projects look very prospective, including the graphite grades which are some of the highest in the world, and more than double those in Mozambique and other regions. Maybe they'll spin out the lithium into a separate company, if they find anything significant, and then they can concentrate on graphite and gold.

    Gw
 
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