Armchair Mining Ceo30 Apr 2018 09:57
That is what this share has turned me into.But i am aware I know nothing about mining,Lithium, Mali and processing plants.When I look at BGS and Kodal it seems inconceivable that two plants will be built,economies of scale precludes
that for a start.Yes BGS has put out an excellent report recently but I cannot believe we in time will not be able to do the same if not better.The mines to me seem both profitable but where would the money come from for a plant.The only ones in the game at present are the Chinese and we have them on board whereas BGS have said no to an approach previously.Only time will tell.
All we can do is content ourselves that BA is good to his word and provides the news he has promised by the end of June. We now know 24 hour drilling is happening and if we get results to equal the past and a maiden JORC and Viability Scope we will back in the game full tilt.I must add imo the Jorc and Scope are gimme`s to be positive.
GLA.