Ben Richardson, CEO at SulNOx, confident they can cost-effectively decarbonise commercial shipping. Watch the video here.
Ordinarily, energy costs and rate rises work against us however the numbers coming in to IBS say different. Business is good still.
Spodumene is being drilled this Quarter for the first time. 3d mapping and surface samples are similar to Kathleen valley but located in the USA and not the other side of the planet like ALL and Lionstown. Better ESG argument by buying local LTH from spodumene and not African spodumene LTH in 5 years time.
Highlights:
· Bradda Head has now received assays from the final four holes from its 10-hole 2021 Basin East (BE) core drilling programme, identifying further thicker intersections of Upper Clay than anticipated, including high-grade sections of 23.6m at 1,495ppm Li at hole BCE21-09, where the total Upper Clay zone is 81.4m thick and 18.2m at 1,395ppm Li at hole BCE21-08.
· This drilling programme at Basin was completed and announced on 17th November. All core is logged and assayed and no more information is required for SRK to carry out its work on this resource update. The updated resource is due in Q1 2022 and is expected to be significantly larger than the current one. SRK, who are undertaking the resource update, are due to visit site w/c 31st January.
· The further presence of this significantly thicker zone (81.4m) builds on the data received from hole BCE21-06 where the thickest intersections to date at BE have been seen (98.6m) and may help lead to a larger resource increase in the higher-grade portion of the Upper Clay zone than originally estimated.
· Combining these new drill results with the recent geophysical data (RNS 29/10/2021) will enable our geologists to understand with much greater clarity the structure and depth of the clay across our entire Basin Project and will help with the planning and targeting of future drill programmes.
· The work done to date at Basin East indicates that the Upper Clay zone, which is higher grade than the Lower Clay zone, thickens to the west and north-west, towards Bradda's other claims at Basin. This may enable Bradda to focus on the Upper Clay zone and delineate a higher-grade resource than previously thought