A couple of things to note:
- in the early days I recall we were targeting 3 drill holes and that has now been expanded to 5.
- we may employ a second drill to speed things up.
- we may require additional drill hoes to finalise a JORC.
- if hole 1 contains lithium we will likely start investigating a processing solution (sending off brine samples for process testing).
- BSL options don’t expire until EOY.
Our spending will ramp up exponentially if hole one has lithium, so I’d fully expect that funding deal to be exercised.
All of the above is money well spent imo and I think we all agree that a little liquidity here wouldn’t hurt things.
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