ASN (ASX) Good old fireside chat

Originally posted by rjohnson1234: ↑

Mate, I love to research and look at various potential outcomes but at the end of the day none of us here "know" anymore than anyone else, particularly at this time!

We however know the CC brine is enough to be able to work based on what we have been told...…….that's great but the market is saying "we are watching and keen, but we don't want to jump in this time until we know your results"

To be frank that's not an unreasonable view to take. This will be our third entry and after that we will start to get an idea of our grades and whether we are getting closer to higher grades or not.

It follows therefore that should the grade of li be less than CC (around 100-142ppm) then we do not get a sp increase out of that. The sp growth will come when battery quality can be made and some off takes etc. However, the higher we are above the 100ppm range then the greater the sp explosion we get.

We all know whatever the grade is that I will be doing some new estimated resource calculations.

Nothing to do with me, but imo after next results the market will also do their calculations and a likely jorc may start to be factored into the SP.

I am not agitated , I am cautiously optimistic, I wouldn't be here if I was feeling any other way. Big kev is on standby!!

I am very much comforted and enthused as to the hiring spree been undertaken by bruce. Its a one man stimulus package. A small cap CEO does not hire more staff unless they are confident of where this is going. Does anyone think its coincidental the jobs have been advertised in the last week or so?????? Small cap ceos are renowned for not wanting to share the trough and to keep it all for themselves. So this is massive news that Bruce is hiring, and hiring very specialist positions he is not hiring "4 personal assistants".

Finally, Bruce has gone quiet on the tweets and I agree with that approach to keep quiet pending results. Further I think there should be no more anns until results, if there is good news nearly ready to be announced then I would hold off on that work to then piggy back off the results ann and the buyers will plough in like there is no tomorrow!

They are my thoughts, on balance, I predict we will be happy but time will tell, it always does!

Expand

utilizing the lilac process to extract lithium from the brines increasing the ouput. Cane creek is 142ppm after lilac process is used the output is raised to 284ppm. Please view supporting link to twit news feed

https://twitter.com/lake_resources/status/1057090858418229250

if we can get a brine from skyline of 500ppm, after the lilac process the result would be 1000ppm correct. (its just for an example ) but it could happen.

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(20min delay)
Last 6.3¢		Change -0.001(1.56%)		Mkt cap ! $113.7M

Open	High	Low	Value	Volume
6.4¢	6.5¢	6.3¢	$51.26K	807.1K

Good old fireside chat, page-11147

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