I agree, very ugly.Just a few points:
- RAS has 46M options @ 12c expiring Dec 2022. If taken up, the $5M into company kitty would be helpful to start exploring/drilling, the other potential $10-15M would be a windfall to whoever holds. What rythms with pump and starts with d, would help pay the tax on profit.- Is based on desk top study of historical sampling and assay, hence obtain tenement. Some good Li but with mica (red flag). The Core DMS plant has mica removal, however, until up and running, settled in, data on mica removal efficiency / spare capacity, etc to potentially add lower grade Li ore with potential more mica, would carry risk to plant production integrity. And based on what, desktop study. Maybe better value $ on own drilling program, own areas, and own knowledge of areas (following Fleetscape Tech new fangled machinery). Know the unknows, in the unknown knowns, or however it goes.My money is in the knowns, the next Li producing company.Go Core Go.
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