Ann: Thick Intersections of Lithium Pegmatite at Manindi, page-1258

Mitis

Nothing is for certain but we have some precedents from the previous drilling at Manindi. Please have a look at the previous press release from 2017/2018 where MLS announced visual mineralisation and the assays later on confirmed decent lithium intersects at >1% Li20.

In this case MLS also announced up to 46m of pegmatite intersect. So I’m hoping at least 10-15m of that will result in decent lithium grades. However, nothing is for certain and it is a calculated risk that all holders take by positioning themselves now rather than wait for the assay results. If you are risk averse, then I would suggest you take a small position now and top up significantly if the assays are positive but at a higher SP. You will still make money in the medium to long run as MLS proves up the resource.

DYOR.