ASN
It's a learning experience mate. Time for some reflection may be.
Everyone knew that mg level was going to be too high. Historic Li level was an (?)error in recording.
Even if they find 500ppm Li it's not going to be viable because of the impurities.
Paradox basin was ignored for years. A few tried and gave up. People who know the area didn't want to invest/supoort exploration in that area.
I remember mentioning this- the only other paradox basin stock to my knowledge(at that time) was priced at 2.5m mc.
It's just another p&d powered by heavy promotion in Australia, China and other countries and using various "pump" news.
Read old announcements- brine volume calculation, etc.
Also consider valuation- $135m+ at the top with no exploration.
Ann: RLC rights issue of options, page-34
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