General discussion, page-199

Worth noting that the above $4.5m Placement @40c (in two Trenches https://hotcopper.com.au/threads/ann-a-4-5-million-placement-to-accelerate-lithium-exploration.7046857/) was announced on 27th Oct 2022 (Trench 2 was also approved later at the Extraordinary General Meeting held on 12th Dec Dec 2022). Interestingly/coincidently the raise was done (at the time WR1's sp was around/under 40c) right before WR1's three significant announcements (when nearology play should be getting much stronger after these three anns one would assume), i.e. :

Release Date: 28/10/22 -- Significant Pegmatite Intercept at Adina from Early Drilling
Release Date: 06/01/23 -- Strong lithium mineralisation from first Adina assays
Release Date: 25/01/23 -- Pegmatite at Adina extended to1,600m of potential strike

WR1's sp is now significantly higher than before these three anns of coz; imho LLI's sp shouldn't be lower than where it was at the Placement last Oct (not considering/including macro here) when nearology play only just started to kick in. Since then there were wealth of (geo) knowledge regarding James Bay Region (esp. re Adina and Trieste) also been added to the LLI threads, so things are certainly getting more interesting now around LLI too!

Then news regarding LLI's US Scotty Li project could be any days now. The assays of 273m historical drill core logs expected in 2~2.5 months (before April if quick?). And possible further update re Trieste (being the hottest among the LLI prospects atm)? Cash at bank (circa A$6.57m from the beginning of the year) enough to last at least 3~4 quarters to be a bit conservative by the looks. So quite a lot to be looking forward to/worth waiting for i would say! Imho only.