Member Info for BC2504

Have you sold out then?

2 more chunky buys just printed from 3pm of 1m each

Yep worth noting that even changing the seal value to 70% as well boosts the cos to 24% for EACH target!

SH - Knowing the direction that Lorna is taking the company (only RNSing the contract etc.) and the way she is (formal when you meet her in person and very straight talking no frills in interviews) I don't think she would be referring to any cos %s that aren't from a reliable/reproducible source. I believe the cos for tai as a whole is too complicated to calculate (but higher than any individual target) due to non-independent factors impacting all 6 targets and so we only have the simple cos for each target and then an overall % is down to conjecture.

Good stuff triplestar. 5 levels at 14% and one at 10% but would produce similar numbers. Whilst I agree that math works out in a vacuum the issue is that the 14% cos are not independent events (as i said before with the lake beds being linked) so I tend to be more cautious on the cos estimates.

The first drill had helium in the mud up to 2.2% I’m not sure what you’re on about Seahawk? They didn’t wireline it to confirm this for reasons stated many times and also found in the cpr. Also, read my recent comment on why the cos for tai as a whole is higher than 14%.

Could be people who participated in the raise selling some out to reduce risk.

It's my opinion that people are misinterpreting the COS values. The 15% COS last time in the H&P reports was an overall value for tai (although they did also have lake beds at 25% as a separate entity which would now be incorporated in a stacked target drill). This time, it is 14% for 5 different prospects (3 lake beds, 1 red sandstone, and 1 karoo) and 10% in the 6th (basement). It's obviously not as simple as adding them together but I believe there is some additive value to having these multiple prospects. Clearly, some of the targets are more closely linked to others (Lake beds A-B having a discovery would have a greater influence on the hypothetical cos of lake bed C compared to the Karoo for example). When we consider some of the large unknowns talked about in the previous CPR and campaign such as seals, traps, generation and migration it is clear some of these are now better understood and show positive signs for the project. I believe the COS to be much higher than people think and could be closer to a 30-50% region.

Confirmation of He1 drill in august. From speaking to the team at 121 sounds about 6 weeks to mob. That makes its arrival on site early august. We could be just 8 weeks away from spud now. Fantastic stuff.

The company can go ahead with the Q3 campaign without noble.

Something people do not seem to be talking about - have a look at the 121 presentation on the website. “Technical team currently integrating the results of this work to high rank prospective areas for a 2023 exploration programme”.

Something to think about ;)

Met with the team today at 121. Lorna, Sarah and Ian all there for the meeting. All very positive and have never felt more confident in my investment.

Looking forward to meeting Lorna at 121 hopefully some good news to share

Interview this week I expect. Don't forget Easter weekend a lot of the usual suspects for interviews are on break.

Dropping this RNS on the new isa allowance day. Big moves ahead.

Emailed her this afternoon and was sorted quickly afterwards which is good

Some very good initial results coming through clear the area is full of spodumene and then this gem “ Indications so far, demonstrate the potential for deeper feeder systems as seen in other LCT systems.”

Skittish - if you’re interested in a paper but don’t have access you should email the authors who are almost always happy to send you a pdf copy free of charge!

Completely agree. If you compare this result to Atlantic Lithiums previous results an intersection like this would often be in their top 5. The only thing we’re currently missing is volume of these results. If we get more holes like this it’s game on next stop 100m mcap.

Why so cryptic who are you referring to