GLN 0.00% 12.5¢ galan lithium limited

Ann: Drilling Update, page-28

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  1. 287 Posts.
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    I agree that mindless ramping doesn't help anyone, thats why I always like to see critical posts on forums to negate all the hot air.

    I agree that low grades aren't ideal, but they are a long shot better than none at all, which many here were thinking would be the case for DH2 after such a long time since the last announcement. The big thing is that DH1 was 9kms away, which is a huge distance, and means that we could still be on a seriously massive resource. It all depends on at what point does the high grade brine reduce? who knows, we could even have 8kms of high-grade brine (although this seems very unlikely.

    DH3 is incredibly important, if we hit high grade brine, then its absolutely game on. We simply don't know until more holes are drilled, but I guess thats what spec stocks are all about!
 
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