FL1 10.0% 22.0¢ first lithium limited

Ann: Spodumene mineralised pegmatite intersected in all 8 holes, page-26

  1. 2,283 Posts.
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    My problem with the report is they seem to be a little sloppy themselves. For example:

    1. "First Lithium Limited (ASX:FL1) has reported the successful completion of 8 RC drill holes beneath surface exposed pegmatites," - DD holes not RC

    2. "Another disconcerting factor is the selective presentation of only a portion of the core samples, such as those displayed in Figure 2 below, despite the unearthing of substantial pegmatite intercepts. This raises questions about the consistency of mineralization within the pegmatites. Could it be that only specific sections contain economically viable lithium concentrations, while others do not?" - Did they not read the release on 6/11/23 which included over 40m of core from BDFSO2 or almost 50m of core from BDFSO3 which clearly show heavy spodumene mineralisation throughout?

    Anyways, they'll be providing further coverage on the stock and once the drill logs come back clearly showing high spod %s they'll be pushing it as a buy to their subscribers. Only good for us.

 
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