Hi Emma,
I had a cynical view on the exercise as well … public company status offers opportunities for cash return via raisings and salaries as well as (hopefully) projects and different projects can be selected as needed.
And I was just about to post a correction to my numbers in the last post!
NB :
— In May, 2021 Alex signed the LOI on the understanding there were 84 eighty acre claims ie 6,720 acres. (I wrote 80 in my last post. )
— Lithium Corp announced on July 7, 2021 that, whilst it started the year with only 1,440 acres, in recent months it had ‘gradually increased’ to 6,873 acres.
“…the Company has increased the size of its land holdings at Fish Lake Valley, and agreed to extend the due diligence period under the Letter of Intent (LOI) with Altura Mining Limited (ASX:AJM) whereby Altura may earn a 60% interest in the Company’s Fish Lake Valley lithium-in-brine prospect in Esmeralda County, Nevada.”
- So that ‘glitch’ looks to be properly sorted now, at cost of a month ?
cheers
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