Post by
gamer007 on Dec 13, 2022 5:30pm
Phone Call with the company today !
Thought I would call and get some clarity on his last video update..............
Summary Points............
Rockstone showing size now with steppouts and will be drilled again in later spring.........there are eight more targets on the property that need to be tested.............if half come in like the last drill program............Rockstone will become the flagship until other properties show otherwise..............already the back of the envelope tonnage is showing great promise.............quality of graphite is being 3rd party verified.............so far looks good for battery usage.
Buda as a mutli element REE.............may not just be valued for it's lithium content alone............but all the other rare earths in comination may end up being higher rock value than just lithium alone!
Surface samples from Camaro/Hellcat still hung up in lab lineup................hoping to get drilling late next spring as well
Galaxy bulk tonnage of 150 kg's being processed.......by LGC ......if all goes well............the plan is to put a few drill holes into the surface showing in the first quarter 2023............as the huge crystals on surface look similar to other spodumene rocks the geo's have seen...........need the assays to verify of course
Regarding any spinnouts.............to be determined in mid 2023 as projects reveal sense of priotiy, preference is for spinnout than farm out..........but too early to comment
Also doing do diligence on 3 additional projects of potential merrit ...........
Well into discussions regarding ASX listing, also targetting somewhere next summer if all goes as planned
All I see is a concerted effort to create shareholder value on may fronts..................this is so early stage..................and only 20 million market cap..................what's not to like !!!!
GLTA