MY OWN ASSESMENT ?Dajin - needs to perform sediment tests - find state of lithium with no water
then...test the shallow brines even at few meters subsurface - and look for the lithium
to see how it responds indifferently in the brines - did it pair and bond with other salts ?
Then - if they can confirm the role lithium plays in th basin and how it interects
and show the ppm with brines - either piggy backing with another salt
Then.... part with 2,000,000 shares hoping the stock exceeds the $.10/cents
basing it on - new lithium findings
With... 2,000,000 shares x $.10/cents
= $200,000 k
more than enough to perform 10 percussion holes - properly
use small portion of shares initially - if successful - won't need much stock
thereafter with SP at a higher price
aim for 100, 200, 300 ppm ( hope for )
if lithium was ever unlocked above and few meters - below grade
then... chances are - same could occur @ 60m depths
if this was proved @ 60m - depths with sufficient lithium and other credits
they'd turen heads...place initial and 60m brines in - acids - wink.
Then, if successful... bring in the big drilling - dril llarge diameter holes = pump flow tests
i wouldn't use more than 6'inch diameter
Keeping in mind how many holes Albermarle has used over the years...
Mosat likely having to reposition ovder the horizons to maintain optimal brine flows.
6 inch is can still pump lots of brines - but not so big at to drain the pocket books.
Knowing in the latter - more holes might be needed to stay on the brines...
This is the format i would choose.
If...they can't prove how to unlock the lithium and undersatand how the lithium reacts with other
salts in basin - and link wirh a quality lab... then, the stock won't do much.
Cheers...