".. have been granted US$1 million to conduct relevant field work and research to address the following item: ‘Characterizing and Estimating Reserves of Lithium and Other Critical Minerals in the Paradox Basin, Utah.’" ---- this is a research project with a research title. Anyone who has been involved in research collaboration with universities will know that most projects end up with publications and nothing else. Plus 1Million grant, 2-3 PhDs from Uni of Utah will take 300k away easily, plus certain portion taken by the Lab, with about 300-400k left if lucky, will any hole be able to be drilled？ It is just a collaborated research project with certain research grant from the gov. that is it and nothing else.
As Kotaredrew mentioned, ASN has been working in writing up the rules of DLE extraction with brine for the nation and is the one who spent millions of dollars on real drilling, tenement expansion and resource upgrade, all of which are the necessary path for a mining company to become success.
ASN Price at posting:
10.0¢ Sentiment: Buy Disclosure: Held
