Good neighbors I took a position with PNRG due to its strategy to have prospective land that is surrounded by interesting neighbors. PNRG owns a substantial tenement in Utah's Paradox Basin which is surrounded by Australia's Anson Resources (ASN). In the case of PNRG's Horizon project in Tonopah (Utah), its neighbor to the North is American Battery Technology. They are the darling of the US government agencies having obtained a number of grants including the development of a commercial scale lithium hydroxide refinery worth $115M specifically designed for the local clays. In addition, PNRG was searching South of American Lithium for a substantial Li. deposit and recently announced an initial Inferred resourced of 15.8m of LCE after drilling 12k ft. ABTC’s best (+1000 li ppm hole) appears to be the one closest to Horizon. Take a looksy at verify,com/decks/12566-Tonopahflats .
Full disclose: I hold both companies