OTCQX:AVLIF - Post by User
Comment by
jeremyhoggon May 25, 2018 2:32pm
104 Views
Post# 28081968
RE:RE:downward pressure today?
RE:RE:downward pressure today?Thanks Tiger (and Not2Sirius), for a great response, I bet there's a few people reading that appreciate it.
My favourite aspect of AAL is the management. These guys on their milestone timings are top notch. Love the leader, who took an oil poducer to the finish line successfully. Great project management.
I work in oil/gas but am not personally top notch on the the importance of chemistry in lithium brine. A point Not2Sirius has made makes sense: with that size reservoir, they can choose to count their resource large and lower quality, or smaller and not including the worst outlying results. I'm not sure what the rules are for characterizing it-- but I do know there's always a little room to engage the data differently to communicate the best value from the resource that can be leveraged. +, I understand their deeper drills are more likely to have good chemistry. So, perhaps there's some future potential in this price that a lot of people not have not squeezed the full subltety out of yet.