They are out there in the field as we speak and clearly will want the news to drive the options into the money to raise capital.
cheers contra
MPJ EXPANDS EAST PILBARA LITHIUM PORTFOLIO WITH ACQUISITION OF WODGINA EAST PROJECT New project cements MPJ’s strategic position in Australia’s “lithium hot-spot” KEY POINTS
Located adjacent to Global Advanced Metals’ Wodgina Tantalum Mine
~17km from Pilbara Mineral’s world-class Pilgangoora Lithium Project
Project area contains extensive pegmatite swarms previously mapped by Atlas Iron over a strike length of ~4km
Grades of up to 1.6% Li2O from reconnaissance rock chip sampling
Regional geological structures similar to that of the Pilgangoora Syncline which hosts the Pilbara Minerals/Altura Mining deposits to the east
Excellent access to established road/rail/port facilities
Outstanding complementary addition to MPJ’s recently acquired Pilbara Lithium-Gold Project Initial exploration activities already underway
MPJ Price at posting:
0.8¢ Sentiment: Buy Disclosure: Held