Canaccord's current estimate is circa ~90Mt @ 0.95% Li2O, according to its' modelling that incorporates the latest assay results, with a view that the resource can grow to a 100Mt resource. This is based on a depth of 400 metres, subject to new studies being received.
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Canaccord has maintained its' SPEC BUY rating and the $1.15 share price target.
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Assay results for the 36 outstanding holes will continue to update this data, hopefully soon, as the drilling is ramped up this month also, with the seven rigs.
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Canaccord's current estimate is circa ~90Mt @ 0.95% Li2O,...
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