RE: Exploration work underway at Elizabeth Hills4 Jun 2024 22:58
drb83. imo the problem with han**** is that we can't produce a dfs because we didn't drill enough holes in order to sufficiently proof-up the licenced area.
basically, this means a jv partner has to technically "take a chance" with us. which in my book translates into taking a larger share of our assets.
so, we are stuck between a rock and a hard place, if we don't have a jv partner lined-up.and ready to go.
lithium might yet save our bacon, but there's no.point in trying to mine silver just because the price has gone up. somebody decided on dso iron way back when. now the bod have to find a commercially viable way of making it happen.
once we've got han**** over the line the company can make untold millions from the rest of our portfolio, but not before then. a lithium discovery accepting!
gla