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05/28/23 5:06 PM

#3796 RE: nowwhat2 #3795

I think all these drilling programs are to find out if there is enough lithium in that area to build a battery plant.

Europe and Australia, are building their hydroxide plant at a port for easy shipping in and out.

I think this area is close to a port in Quebec. I would think a battery company would want to do the same.

So, I would be surprised if a battery company would make a deal until they have a better idea what is in the ground. I think that is why Brett, is spending every dime on drill programs.

Be nice to get better numbers than a 16% increase, ioneer had a 168% increase after their drill program a month ago. But they are in the US, where permits are rarer than a pink unicorn.