Buldania looks the better prospect to me out of the two. The Bald Hill proximity may rub off in the met work for this project.
Still, KA is not atrocious when compared to peers in the area, particularly with Mt Cattlin and Mt Marion. May even be superior once all the testing is completed.
Buldania would be a great bolt-on alternative for GXY to blend feed with Mt Cattlin ore. I personally think A40 will now be off-limits to them once they come out of trading halt. Doesn't leave too many options in WA to pursue, to be honest.
SQM picking up the MCT lithium projects also indicates that the two lithium majors (SQM ALB) are still looking at expanding their footprint in WA hard rock. With two deposits under their belt - LTR has lots of options to pursue funding for one or both projects.
That in itself clearly shows that holding a position in LTR is not rocket science if you believe MA activity will continue this year.
Haplo
drilling, page-14
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