Ann: World Class Lithium & Tantalum Grades from Trieste Assays, page-30

I doubt they would raise $10 mill at those prices.

I think $5mill would be enough to keep looking for the game changing dyke. The average lithium sentiment also has held this back. Smaller raises now to minimise dilution and stick it out waiting for lithium to pick up and make a larger raise more attractive with less dilution.

I don't think the comply would want to undertake a large $10m+ raise for anything less than the 60c range TBH. It just dilutes too much needlessly. A CR of 75c could be faulty achieved with these 2% + high grade hits and consistent 30m + intersects.

Grade is king. Higher margin.