Will there be a trading halt next week?, page-69

Yes Brunk, we are "confident" that the Li "is there". But, Steve and the market want to PROVE that their proof of concept actually does exist.

"These results over a series of horizons are similar to lithium brine horizons announced from the adjoining preproductionarea, showing continuity with Ganfeng/Lithium Americas (LAC) and the Advantage Lithium (AAL)/Orocobre joint venture that are attracting significant corporate transactions. Lake is clearly drilling in the samebasin with similar brines, with even better results anticipated at depth (refer to ASX announcement 28 May2019 for past results announced from adjoining projects)."

"The current hole is targeting a sand horizon estimated between 350-450m which has recorded higher lithiumvalues and fluid flows in the adjoining project. Current drilling aims to unlock value from this rapidly emergingproject, located immediately adjacent to a world-class brine project in pre-production in the Lithium Triangle,approximately 500m from the Ganfeng/Lithium Americas Cauchari project.

They want to see the results of those "targets" between 350-450m. The "unlocked value" will come with results from 350m to 450m replicating those results from the (extremely valuable) "adjoining pre-production area". I.E. PROOF of concept!!!
And, we are knocking on that door NOW!!!