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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

Comment by Rob0012on Jan 25, 2021 6:25am
120 Views
Post# 32373245

RE:RE:Very nice chart

RE:RE:Very nice chartI don't know if it'd be a so good idea to run after 2 rabbits.  Why?  Because of cash.  It's already a solid challenge to bring one project to feuotion through financings and keeping the float to a reasonable level like we have now.  I think we have a bit over $1M in the kettle for the next exploration phase.  To me, better invest all this cash in one play to hopefefully hit something big so that next financing could be done much higher.  I guess I'd go gold and keep lithium for later.  Let's see what Mgt says.
GLTA
Rob
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