That is correct....if there is anything found of significance in these next four sites, then all this negativity towards management will melt away instantly. I really don't understand all this talk about management being untrustworthy or loosing face. They have a lot more backing than most Lithium prospectors at such an early stage.
The core samples tested from Axis had been sitting in a yard untested for decades. There was no cost to drill, so they isolated some spodumene bearing rock and tested it. Massive free kick of the footy.
It contained low quantities of Lithium, was 5kms from successful rock sampling results and involved zero drilling. So they de prioritised the area and moved on. Big deal. It was merely going to be the cherry on the cake if it did contain Lithium.
The next stop was Atomic Three that does have Lithium, albeit not a very thick intercept. However as subtle as it may seem, results have been getting better and this area will be tested again to see if it can be more successful and expand on results.
It is however, the results from the next four sites that will really determine our future here.
Many eyes will be watching these next results IMO. Partners and neighbours alike.
Let's hope the next announcement is a good one.
GLTAH
ESR Price at posting:
4.2¢ Sentiment: Buy Disclosure: Held