Ann: Placement Completed & SPP Launch to Fund Immediate Drilling, page-37

The Barlee project and area has been known about for ages. Taking Rock chips from in and around old workings is standard exploration practice and getting a few numbers means sweet bugger all. There are literally thousands of similar prospects which when drilled lead to nothing. This one will go the same way. If there was something of significance there it would have been well drilled and further advanced by now. The ground would have never been left vacant.

The lithium market is well over heated and any late comers to this game, at this point in time will be beaten by more advanced projects into production. This is just a spruik play typical of desperate minnows who change their commodity targets to suit the latest trend. The prospect it's self may or may not turn out to be something.

Both projects are not great and the current board have proven over 6years that they are not capable of running an exploration company. The MC and SP history is evidence of this. Why anyone would be foolish enough not to acknowledge this is beyond me.