General Discussion Banter GLN, page-2151

From what I have calculated drilling isn't that slow... for drill hole 1... in 12 days from when the bit hit the ground they got to depths of 300m (25m / day), this includes numerous sampling aswell.

For drill hole 2 in 18 days they got to 465m (25.8m / days).

Its safe to say they are drilling at 25m/day, but lets say 20m/ day to be on the safe side...

The data of 465m was from Sunday night now we are at Thursday night, 4 days of drilling ( say 4 x 20m ) we are now at depths of 545++
by tomorrow morning another 20m will be drilled & IMO we are into the 600m zone already...

2 things stood out on Monday Ann for me, the narrative changed from...

"Perfect permeable host lithologies including coarse sands/gravels and breccia‐conglomerate & Sediments overlain by thick layer of ignimbrite, supports Company’s theories of underlying brine pool" (Which majority of my research was based on) TO "horst‐graben structures creating a down thrown block in this area and the target brine horizon commences at depth" (my target and the companies was never at depth) This new theory confused the hell outta myself and was in dissaray, SP plummeted & started reading between the lines.

& The final JORC Commentary hasn't sit with me very well seems a bit vague and not promising...
"Drilling of C-02-19 is planned to continue, Sampling will be undertaken at geologically appropriate intervals. Downhole geophysics is scheduled to be undertaken and the drill rig moved to the next planned drill hole"

I have been called a pessimist at times, but pretty much what I read is, lets get what we can from this hole and more onto the next...
Positive is the down hole geophysics hopefully this can lead them on a path closer to highly conductive Li Brine on the next hole.

I try to bring a balanced view of things and as accurate as I see them... GXY's SDV drill hole results shows some poor holes on where Li was supposed to be highly conductive via CSAMT surveys & some good drill hole results where conductivity was low... Hopefully down hole 2 geophysics can shed more light moving forward...

ALL IMO

Will be a tough 2-3 months from here on but I believe the team will have a significant more understanding on what the Candelas Hold.