I was noting the following while reading and think in the short...

I was noting the following while reading and think in the short term there will be both an upgrade to Li content and thickness. 

1. it appears that the samples over lapped EG 300 ppm from 155 meter to 250 meters then  800 ppm from samples 200 meters to 300 meters. (not the right numbers) and haven't actually worked out what the dilution factor of the sampling would be.  but i note these two samples actually over lap each other   So the 300 ppm would have got better ppm and the 800 ppm would have been diluted by the 300ppm  I think this happens from the sampling method where they over lap during drilling. then there's the PLUS 5 to 15% from drill water diluting the readings. and then there is PLUS the extra depth they are drilling (hopefully the Li gets More the deeper they go, Great news that the LI is still occurring in the basement rock. AND they have not announced the end of the hole they could be easily past 400 meters by now (or stuck)  

Im Guess that in fairly short order we may see an announcement after they get accurate samples from each depth ( with out drill fluid dilution) plus get extra length.  so we may see something on the order of 1100 ppm over a length of 150 meters.   Now i cannot really be bothered to work out what the actual numbers might be quite happy to wait for the real numbers. which i think will be in a follow up announcement in the next 2 weeks given how fast they turn the samples around.  

lets see this fly over the next three months.

Easily enough money to complete this dill program.  then they need another 20 holes at 300k a hole to get a jorc by the end of the year. to fantastic. 

I cannot see how the LI content changes as its just water flowing through gravel  ( very slowly i imaging ) wish i new about these deposits.  I think they generally stay the same LI over the extent.  and it only varies with depth.  But i'm certainly not sure. 

  

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