Yes, I also picked up on point 5. We could potentially see some...

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qwert0

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10/05/23

13:26

Post #: 67700094
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Originally posted by calmbeforestorm: ↑

Just listening to RIU presentation a few other relevant matters to my previous notes are:

1. Tony stated that a lot of pegmatite outcrops will link up below surface (which is to be expected) - new comment today not made on Monday
2. Potential to have substantial amounts of Li
3. Some of the highest grades of Li from any rock chips in WA ever
4. Can drill pegmatite outcrops AP0010 to 12 (ie does not need to wait on heritage approvals) - new comment from Tony not made on Monday
5. First time I have seen the drill cores from hole 199 and hole 202 side by side - if 199 had 1.5% Li then the 202 set to be a lot higher - only 2 minerals Spodumene and quartz - the sample shown from hole 202 visually contains a lot more spodumene than hole 199 - could we see 3% potentially? over even up to 30m in some holes - IMO it seems we will possibly see 2% Li from the areas with visible coarse spodumene and maybe even up to 3% - same slide presented on Monday but I did not have a soft or hard copy until today

IMO point 5 is highly significant.

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Yes, I also picked up on point 5. We could potentially see some sections with very high assay results.

Given they had 21 rock chip samples test over 4% Li₂O, I guess it isn't surprising that they will find some drill intersects with similar levels.

Things are looking very encouraging!

AZS Price at posting: 41.5¢ Sentiment: Buy Disclosure: Held
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Yes, I also picked up on point 5. We could potentially see some...

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