Developments via a hypothetical timelineApril 2022 started a advanced exploration permit application which would enable the bulk sample, should be recieved in October 2022, Bulk Sample in Spring 2023.
Resource Estimate should be out after October drills shut down. Company should announce a resource estimate January 2023.
Company should announce a PEA in February 2023 along with the commencement of construction permitting applications in February 2023.
PFS to start in March 2023.
I would bet my life if the company gets through all these benchmarks over the next 8 months and puts out a resource estimate north of 10 million tonnes Li near surface that it's over 1 dollar a share. The company can avoid intensive scrutiny from the government if they don't build a plant and rail the ore to tanco and keep it under 5k tonnes per day. Meaning a fast route to production. Much of the project will be de-risked over the next 8 months.