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Imagine Lithium Inc. V.ILI

Alternate Symbol(s):  ARXRF

Imagine Lithium is an exploration company advancing its Jackpot Lithium Project in Nipigon, Ontario. The project has a historic resource of 2M tonnes at 1.09% Li2O and 750kt @ 1.38% Li2O. The 2022 drill program was to increase the size of the historical resource. The results of the 2022 campaign will be combined with the extensive historical data and included in a first resource estimate in 2023. Imagine has launched a property wide exploration program on the ~18.8k ha Jackpot project.


TSXV:ILI - Post by User

Bullboard Posts
Comment by MurrayMacon Jun 28, 2016 6:45pm
48 Views
Post# 25006529

RE:RE:RE:RE:RE:RE:Proper Perspective....

RE:RE:RE:RE:RE:RE:Proper Perspective....
Bluebirds wrote: Hi MurrayMac, thanks for the informative posts.  Please could you elaborate on the above statement, for the benefit of those amongst us lacking this 'common knowledge'?  It seems at odds with company statement earlier this year:

11 January 2016              
ASX ANNOUNCEMENT 
$6.55m Placement to expedite lithium strategy 
- LIT Placement to raise $6.55m  - Placement comprises a A$2.5m to professional and sophisticated investors in addition to a A$4m cornerstone investment - $22.5M contributing shares  - Extremely well-funded to execute lithium strategy implementation  



Still laughing at my incompetence here Blue.........ZING!!

You got me!! :)


But I also highly suspect that you are still coming to the difficult realization that LIT's Sileach technoology was not near ready for commericalization. 

Now that we are all speaking from a corrected platform [truth]......go Alix! :)


Blessings Blue!
Bullboard Posts