Is this an attempted distraction from bad news about to come from the Court tomorrow the 29th ?
If it is it's not a very good one
I don't know, but we have to consider the possibility that our scaled full start up of climate protection will have to wait a little longer because of environmentalists. I don't want to say that this is the reason for this ann but it could be to underline at least a little bit positive.
Keep in mind that we shareholders only need to wait and do nothing and yet some are certainly whining. The employees must process the whole daily in their job and have in the press actually nearly just one lobby, that against. I see all this no longer so critically.
I can probably take my time with the analysis. For one thing, we know that it will take at least 2a even with the upcoming improvements. Moreover,
additional exploration* seems to be necessary as this is only for one location. I mean the 1.95%.
*
The visible lithium mineralisation occurs at or near the base of the flat-lying pegmatite sheets, suggesting mineralised zones are poorly exposed at the present erosional surface but may extend under the surface of the sheets.
Mapping and sampling to recommence in September to define potential drill targets
But I can focus on this spot with the analysis. Nice to have but no prio?
And the board has created the subcompanies for this purpose if I understand it correctly. Independent entities (ABs) to operate independent from each other?
I still like it. Anything that increases the value is good and for Europe any new sites for resources are good. I have a feeling the data has been around 'longer' and hence the statement in the last quarterly ann, as did it LKAB.
So far, MT and its team have always had an answer to every challenge. And often I had not expected it or as good.
Maybe this ann is also important because of government funding programs or whatever? There are always reasons for the mining part of Talga Group to do their job and update the resource. Isn't it?