Ann: Sovereign Gold to acquire Nevada Lithium Project-SOC.AX, page-11

Who did the Due Diligence on this? I don't see any competent persons putting their name to this document.

Also, apart from the unsupported and unsubstantiated claims that the tenement "might" host brine aquifers the announcement refers to "lithium in clay" .... well.... lithium can be extracted from clay but the cost of the extraction process is currently running at 3X more than the market price for lithium.... not commercial.

The second problem is getting the required purity levels of lithium required by the market. What other elements are in association with the lithium ... where is that information? Depending on the associated elements it can be that the lithium can not be extracted free of impurities.

Who did the due diligence on this... no mention in the announcement. Unless of cource we are relying on due dill-e-gence.

Buyer Beware on this....