Melej. Proving the concept that the brine goes under the alluvial cover IS exciting (very) and will certainly be attracting interest from players in the Li business, probably big time.
But, "the players" in the market are having great fun with the volatility in the SP (probably deliberately caused by them!!).
Steve would be completely pissed off that those "players" are killing what should be sensational announcements and I don't think he'd be too interested in market reaction any more.
His number one objective is to prove the concept in Cauchari and then Olaroz and it only takes one hole in each. With that proof, he can then market LKE to get some real financial support and get rid of those very unfavourable debts.
Kachi is the potential "company maker" at the moment, but, it will be a few more months before we see the pilot plant and how really good the Lilac Solution is on the scale that Kachi presents.
The drilling at Olaroz and proving the concept there, given that LKE would then have three successes and all 100% owned, would make LKE a relatively lucrative target. That's where Steve and the other two will have to work extremely hard to EARN those incentives. It's a very difficult market for Li explorers seeking funding and they'll earn every cent of those incentives, IF they succeed.
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