Speculation is the name of the game at this stage of exploration. I re-checked the announcements over the weekend and I may have missed it again but I cannot find a reference to lithium bearing pegmatite with respect to the historical diamond core. They just seem to mention it as pegmatite so I'm not sure there's a case against the competent person. I'm disheartened that the core was barren but I'm still in this for the other targets that have displayed lithium in their assay results from surface samples. I'm not going to post a comment on whether there was anything illegal taking place last week other than if there was I wouldn't be feeling comfortable if I'd done something wrong because it's pretty easy for investigators to track the information trail these days. And when they think they're onto something, they're like a dog with a bone. They will chase you even if it's to cost you in legal fees. Sorry for those that had losses last week but it does show we're in a bull market for lithium and there's plenty of interest. If the other targets return good assays then I expect the value to return to ESR. In the meantime, with delays in drilling commencement due to the weather there will be good price entry point IMO.
ESR Price at posting:
4.8¢ Sentiment: Hold Disclosure: Held