In 2016 Caeneus discovered highly anomalous concentrations of lithium brines within a shallow aquifer at the Columbus Marsh Project.
Columbus Marsh contains a large mature saline basin surrounded by epithermal hot springs.
It seems Caeneus has the elements it needs to replicate the Vulcan Energy lithium extraction model.
Vulcan Energy has a 1.5B market cap and is up over 2500% in the last 12 months
Even a sniff that CAD would consider a project like this will create a buying frenzy, send the SP northward and make it far easier to raise the capital they need to ramp up the gold exploration in the Pilbara.
Am I wrong?
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