Hyperspectral anomalies are not LCT pegmatites, so they have none that are any length, let alone 3,000m. If they had some they would have announced the assays they have been sitting on months ago. Their quartely says they are still awaiting assays 0 from work that concluded mid Novemeber - the labs really are slow - not.
Evaluate the loan from the former Chair for $400,000, with a $40,000 interest bill. They got the money on Feb 22nd and repaid 14th March. 13 days use for $40,000 interest. How can I get some of that?
Someone noted that they could build a lihium mine if they discovered something in the Pilbara. I suggest not. They must have lost >$25M doing just that in Mexico over about 2.5 years.
Compare A.Italianos new salary as MD of $335 + super (plus future bonuses that they like to give out), compared to Drednoughts geo MD who was just bumped up to $250 pa. A.Italiano is only 40 and a Company Secretary with no exploration experience. A stupid choice to run an exploration company.
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