Wouldn't be so quick to dismiss this company or the results they're getting.
For 25m market cap this company is hitting spodumene bearing pegmatites in a district which already has some sizeable deposits in the area.
It is very possible these narrow pipes lead to more thickness which is what i said may happen and exactly what this announcement points out. The way they are stacked could provide a decent resource with little waste if grades come back high.
High grading rock chips certainly allude to, but don't guarantee, the possibility of high grade assays.
Some canadian deposits around this market cap are still a while off drilling and are running on nearology.
There will be consolidation which has already started to occur in the outback.
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