Everyone knows that the historical high grades have been recorded on or near the cane creek anticline.
It was stated in one on Ansons announcements that the brine flows have more likely travelled from the cane creek anticline to the kings bottom syncline.
GB2 is right on the kings bottom syncline and exactly at the deepest part of the basin.
Brine is heavier than water ,so it is anticipated that the highest mineralize brine concentrations in the basin would have settled at the deepest catchment point ,and it appears that the brines also are flowing in a canes creek to kings bottom direction.
I invested in this company because of this GB2 location ,I only invest long term in a company if I think they will strike one of the biggest resources in the world.
Due to what we know and the above expectations ,there is every reason to expect that the Lithium grade could be much higher at the Kings bottom syncline compared to the Cane creek anticline.
It is my opinion that the GB2 well is at the sweetest spot of the entire Paradox basin.
If IM right the re rate would be much larger than most would think ,much bigger than ORE in my opinion.
If the grade is 1000 ppm or more at clastic zone 31 ,I will be holding for many years to come.
ASN Price at posting:
17.0¢ Sentiment: Buy Disclosure: Held
