Ann: Red Valley Drilling Update, page-11

I think we have hit something very significant in Hole 2.

Based on:

1) The decision to increase the depth of drilling.
2) Multiple aquifers and water circulation (any geos can confirm if water circulation is good? or this will dilute Li content?)
3) Placing Hole 3 on hold to focus on the 2nd hole
4) Results to be released together for Hole 1 & 2- I  think they are extremely confident on Hole 2

*more speculative stuff*
- The guy on Youtube took down his videos on RMX, specifically the one where they hit something soft / aquifer
- Decision to push back DRC Cobalt project to EOFY, most likely coinciding with the extended drilling of Hole 2