FoggyIsle.XYZ | Market's view on Bradda Head Lithium

There is news from Bradda about an increase in clay thickness and shallower levels which makes mining easier, with ongoing and upcoming drilling expected to complete by early May and results anticipated in June.
A report by Shard Capital includes diagrams showing a cluster of high-grade holes at White Ridge and Midnight Owl projects, suggesting potential for quicker production of a Mineral Resource Estimate (MRE) for San Domingo, and discussing the viability of open-pit mining.
Updates on Bradda Head Lithium’s operations include the start of drilling at the Basin Project in Arizona, aiming to expand lithium resources. The company is optimistic about leveraging the lithium market’s upward trend to potentially grow the inferred resource, which could unlock additional funding.
There’s a mention of consistent mineralization findings and successful drilling efforts in Bradda Head’s 2023 sonic drilling campaign.
The company has also settled with Arizona Lithium for additional claims at the Wikieup clay project and is considering opportunities in lithium extraction from brines.
There are comments about the potential increase of the MRE at Basin to 2.5 million tonnes by the end of the next month, which would make $3 million available to the company.
There’s a reference to a presentation from Ian Stalker at the Red Cloud event highlighting Bradda’s position in Texas and its focus on brines as a future prospect.
Concerns are raised about the lack of updates regarding a potential meeting in Washington about funding for exploration companies involved with essential minerals for electric vehicles.
Observations are made on the market dynamics, noting Lithium Carbonate’s price rise and its potential impact on market sentiment.
There is speculation about Bradda Head potentially becoming a takeover target due to its undervalued stock and substantial assets.
Discussions include recent trading activities indicating that a significant shareholder might be accumulating more shares, with market makers possibly facilitating a lower share price for accumulation purposes.