Lithium Assay

Sorry, I have reconstructed for ease of reading:

People keep saying that grades are off the chart and management appear to be excited... but are the grades consistently high?


Given that the transaction terms state > 1.5% which I believe is about industry average.:




Out of the fourteen sample assay, there were ONLY three that met this requirement. I would assume that that they were endeavouring to select premium areas within the strike to assay..


Does all this mean that it is likely that the deposit is sizeable, but at overall industry average grade ~ 1.5%?

Will it even make >1.5% ??????

Interested to hear what other investors think.

Hi Stevo, all I can add is, why would they proceed after DD if they thought it was not a viable proposition??? I'm sure the company had more than enough information available to think this project has got enough legs to warrant a drilling program.

Cheers