Agreed you're on the money with this Revealing the resource & the need to raise in future if/when needed at a much much better price helping dilute the company LESS.
In my opinion from the bits of research i've done here's my opinion
(Im no expert, Happy to be prooven wrong)
Comanche has connections to Geologist's & it's why hes so confident after everything we currently know that he holds 6M shares or whatever crazy amount it was so hopefully when he's back he can comment and give his opinion
IMO 4CE is looking to fast track to mining and won't bother spending time/money trying to bloody drill so deep.
The current program's depths etc if good quality Li20 is there will be good enough to make a mine out of... We'll also have a better understanding of the site & indication of how much further we could go (If we wanted to take that approach)
What people have to also realise is, When mining the further the depth the more work that needs to go into there & the more space is needed.
Fast tracked Mining = Faster Shareholder Returns through deals = Higher SP = We Win.
Combine both sites (Pending Kitolo & Kanuka are winners)
Possibly build a Plant in the middle of them and we're off!
IMO i'd imagine this is similar (not exactly) to how Kanuka would look based off the depths in the current plan... Again im no expert i could be wrong...
Incomparison to a DEEPER deposit.
Imagine having to drive in/out of that lol.
My opinion only, Im no expert at all just my thoughts so happy to be corrected.
-Pictures aren't exact comparison's or a representation of how our sites will look its just so people can get an idea of why 4CE's plan to fast track is beneficial.
4CE Price at posting:
9.2¢ Sentiment: Buy Disclosure: Held
