Very small very quiet little company working in peru which...

Very small very quiet little company working in peru which drilled U targets but seemed to have hit lithium instead, worth some research imo.

72M shares
A$4M cash
EV~$3M.

Update from last qtr report;

Continued investigations into the metallurgical properties of the lithium mineralisation at Llamara and Cerro Soledad.

• A second phase drilling (subject to the assessment of the metallurgical testing above) at Llamara to quantify the volume potential of the lithium mineralisation discovered in the initial drilling programme.

• A second phase drilling (subject to the assessment of the metallurgical testing above) at Cerro Soledad to test the most prospective lithium-bearing stratigraphy to the east of the initial drilling.