The important statement in yesterday's announcement was
"400ppm to 2360ppm lithium....These values fall within or exceed the range of lithium exploited by existing lithium producers.... in surface samples from Salar de Atacama where currently a third of the world's lithium is produced".
While a drilling program now needs to be undertaken to confirm the size of a resource. There should be no doubt they have something that has commercial potential. More bags to come.
This is still the cream, the tungsten is the main game.
SEI Price at posting:
2.5¢ Sentiment: Buy Disclosure: Held