It's pretty simple from the announcement .....
"Anomalous values for lithium, caesium and tantalum were noted in numerous samples with up to 157ppm Li,"
@Weally is correct, there are no 2% lithium results in any of the samples, nor has the company claimed this.
The Li2O reading is in ppm in the table, that they just forgot to include ppm. Remember this mob makes lots of mistakes in announcements, some I've pointed out in the past. Every single mistake just so happens to be in the companies favour, interpretations wise, as I think has happened here.
Strange there being another coincidental mistake . They better get on with the next cap raise before this pump and dump finishes to help reduce dilution. What are the odds of cap raise this week?? Very high I'd suggest...
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- Ann: Significant Lithium Potential at Mt Alexander
Ann: Significant Lithium Potential at Mt Alexander, page-98
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