Ann: Quarterly Activities Report, page-2

" considerable amounts of existing seismic anddrilling data potentially available for purchase, exploration and resource evaluation. "

Sounds like a relatively smooth/low capital draining operation, especially with the direct precipitation method resulting in low OPEX.

Volkswagen are constantly whinging and seeking the next low-carbon footprinted Lithium/cobalt supply, this being at their doorstep would be a simple acquisition.

Wonder how much data can be accumulated and compiled to assess the basin/target. Pretty decent acquisition terms with an experienced team leading the project, could be okay.