Be careful what we wish forThis deposit is nowhere near delineated yet. Personally I do not wnat any partnership, buyout or long term commitment until we really see what is under the ground. Those of us that have been here for a few years took a large risk, the payout really happens if they have the 30 million plus tonnes of iron free 1.7% Li that they believe they have. Do not give this away before proving it up.
I look at other drill programs that are many times as large as FL, and that is where I wish they would get aggressive. 6 holes at a time will get us there, but it will take a long while. Although currently there is Li fever everywhere, it may not last. This deserves a multiple of the current price if the ore is there, and we had a more visible IR prescence. A nasdaq listing with the largest cleanest Li deposit in North America would be fun to own in the current market environment.
I hope management is reassessing their speed and ability.
It also makes sense that BMO and/or Canacord will publish after the latest issue closes. THat should have been a condition of them getting the fees.
Best of luck