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clock Created with Sketch. 28/03/18
13:59
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Originally posted by gassed
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I have just received this from Steve in answer to some of this morning's posts. I hope it helps those posters and others with similar concerns. The emphasis is my doing.which means good drillers are spread over a wide area. But so far we don't have results. Here we actually have intersected the target that explorers want - brine rich sands - but they are challenging. The majority of drilling problems are due to poor drilling conditions - which make geologists happy and drillers angry. Results will come soon - but the Chinese want a big area play like this, almost regardless of the results, as long as there is lithium The good thing is that with a few holes its possible to get an idea of what is going on. Thankfully we know a lot more about drilling brine salt lakes and where to target than we did in the mid 2000's. the reason for presentations rather than drill results was to show the gap in valuations and the value proposition."
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