Thanks for sharing. There are a couple of things here that need to be acknowledged.
Results for the Southern Cross drilling (released in the quarterly) found uneconomic amounts of Lithium spread over possibly Spodumene, Eucryptite, which is not economic, and Lepidolite which is only economic when the price of Lithium is at record prices. You'll note that the Chinese Lepidolite miners shut down earlier this year when the price of Lithium lowered, (still way above the prices a few years ago). What this means is that, like what most of us are here for, efforts should focus on Argentina. Remember we paid extra to fast track those assays. Stop the waste.
They have attempted to explain why the SP is where it's at. IMO they have missed a few reasons. Firstly, the continued missed milestones. Remember early 2022 we were told that the project is being fast tracked. Not much has happened since then, apart from financial transactions around tenements and changing of the board and management.
The VES report released last year (late) didn't really bring new information as it was done by the same company that did the same work and released a similar report previously.
Additionally, they have missed a key thing that was put in writing for all to see in the Interim Financial Report.
In the last quarterly there was only 1 quarter of funds left available. So even after the recent cap raise, which I believe will be used to fund the tenements and admin costs, further dilution must be imminent. There is already too many SOI and we haven't even begun drilling. The report mentioned the consolidation and many here don't want that.
So **riel Pindar (don't know why HC is blocking his name) has his work cut out and it's terrific that he has such good credentials as he'll need to be astute to get this moving. I'm still here but very attuned to the risks. We all should be. I just keep remembering how good Carachi is. That is why I am here. Hopefully we don't get so diluted that even if it comes to fruition that our returns won't reflect it because of what it takes to get it to fruition.
(20min delay)