I'm guessing you've been talking to Adam to come up with this information? Adina has a mineral resource estimate of 50 million tonnes and will almost certainly increase this to over 100 million tonnes by the end of this year. Possibly much more, over 150 million tonnes or more is possible. That would put WR1 well into the billion dollar plus market cap category once lithium prices recover. That's 50 bags for LLI if indeed we have a similar resource to WR1 at Adina. Mind boggling stuff at the moment but life changing for many if it comes off.
We might not know right now if Trieste is going to be as big as Adina and there's a lot of work to do to prove it one way or another, but we do know that Adam is very confident. He put out an announcement last month that said exactly that. There was no need for this announcement, it could have been kept in-house and used to quietly fine-tune the current and upcoming drilling campaigns. Under promise and over deliver is what the best exploration companies do. But the fact he released it shows to me that his confidence is soundly based. He knows that it is unlikely he's going to be left with egg on his face. Deep breathing required. GLTAH.
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