I thought I'd chime across and have a little look. Just a couple points before everyone gets excited. Proximity to PLS's Pilgangoora cannot be used for assessment of potential. A couple hundred metres and geology can quickly change. As a example, within Pilgangoora, the tantalite in the north is very high and lithium moderate, however a few hundred metres south and the ppm drops off significantly and lithium increases. MCT, who also have a decent plot if land nearby, came out with a disappointing announcement regarding initial rock chip sampling. Proximity does not guarantee you will find something good.
One last point, the mention of
zinnwaldite is a big red flag. It's a mica and whilst there some potential technologies that can remove the lithium from the host, they are not commercial and are still being trialled.
I'll look into the company a little more later on, however lack of volume is a concern and will dissuade people from entering
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