Been a bit of worry in the ranks lately about the SPP etc. I said at the time the SPP was a silly thing to do, but hopefully I am wrong
In the meantime its worth reviewing this article in the tweet below
Within that article we see back about a month ago the company reminded us of the following upcoming events. There still seems to me to be some more results to come but maybe they are not going to release the other clastic results, I don't know why, but its possible. In any event the JORC could come any day for "...lithium, bromine, iodine and other minerals". Of course its also possible that SRK may want some more info before signing off on the maiden JORC, we don't know, we just have to wait.
If I was a betting RJ, I would hazard a wild guess and guess that we get the JORC and maybe even item 3 amended to be "mini pilot plant results and successes". Then the SPP will have been a roaring success and a "gift" to current holders!
Inflection points
Results from next assays for lithium, bromine, iodine and other minerals
JORC resource estimate for minerals such as lithium, bromine and iodine at the project
In-field plant results and successes
Project financing milestones
Prefeasibility study commitment, launch and results
Further feasibility study commitments
Strategic partnerships, portfolio building, or offtake or production take agreements
ASN Price at posting:
5.8¢ Sentiment: Buy Disclosure: Held
