MC has been quoted as saying there are much better prospects for Li rather than Ta in the leases held in and around Bald Hill.
Am I wrong to say he found some very interesting outcrops during the field work undertaken toward compilation of the TEXTBOOK he authored based on Li deposits in this area?
Look there is "probably" better spots with an above average probability. The original mine and mill was constructed entirely in terms of Ta not Li. As far as I was aware the benefit of the Li deposits was overlooked until MC came along to AMAL with the idea. Is there an upside to futher drilling in the leases currently held by Alliance and Cowan Lithium?
"Oh god, Yes!" - Mark Calderwood a year or so ago.
Conservatively its not a gold mine its an Li mine now.
There does seem to be a growing demand for Li and in particular the Lithium hydroxide type with super low amounts of impurity that we are producing and selling currently.
It would be nice to realise this and see the share price grow as a result of these facts.
It yet remains under-explored.
Reiterating we all know - Black sheep MC went for producing and getting the mine happening rather than awaiting the big resource definition.
there was already enough to do so. Extra will only grow the business.
IMO etc etc
just telling it how I see it etc etc
A40 Price at posting:
27.5¢ Sentiment: Buy Disclosure: Held
