Just sharing a few thoughts after putting together some...

Just sharing a few thoughts after putting together some information.

I started to map our tenements to understand the potential of the land to the west... and things got out of control

First finding is we have already drill our small tenement at the west and there was no significant results (quite disappointing):



So, the question is how deep we would need to go in the tenement at the west.

But I did find curious the fact that SADD056 is pretty much aligned with the holes MADDXXX...

Also... Between SADD013 (which is at the north) and SADD024 (southern hole completed) there are about 1000m. Now, between SADD024 and SAD056 there are about 420m, so finding something here could indicate +50% increase in our resource (with a huge assumption behind).

Also, I've been looking into our neighbours and I found 3 companies which are also after lithium... but non really looks invested into do anything. What I did find really interesting is there are some land which seems are not assigned to anyone, and I wonder if there is any value on trying to garb these tenements:



The ones with crosses are the ones belong 100% to LRS. The ones in green are reported as follow:



Which seems are available - and most become available in 2022... so maybe there is a chance for us to extend our tenements on top of what we manage to negotiate with our neighbours.

As others here I'm trying to get a sense of what will come in the JORC but so far nothing to add to the great analysis already provided here (specially and as usual by @dawgfather - thank you!)