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Message: RM

came across this...Byron excited and reiterating their 2.25 target on Rodina...only a matter of time ........

Impressive Results from the Salar De Diablillos Exploration Program: Rodinia Lithium announced the completion of its initial exploration drill program at Salar De Diablillos, Argentina in advance of an expected NI 43-101 resource estimate. The results released are the last six drill holes of 16 total holes that will be used to determine a resource estimate. Lithium concentrations range from 527 mg/l to 649 mg/l over intervals of 18 to 66m. Additionally, the Mg:Li ratios are all under 4, and the SO4:Mg ratios range from 3.5 to 4.5. These are great indicators of lower operating costs. These results, in conjunction with prior results, show continuity in the brine, and five of the holes remain open at depth. The released porosity values were an extremely positive surprise averaging 38.4% over the surveyed stratigraphy. This will allow for higher flow rates of brine extraction, improved salar recovery and possibly increased production.
 Upcoming Resource Estimate is Next Major Catalyst: With the completion of this drill program, there is enough data to complete an initial resource estimate for Rodinia’s Salar De Diabillos. We expect the initial NI 43-101 to be released imminently. We believe that with Salar De Diablillos, Rodinia has one of the top five junior exploration brine projects. We reiterate our Speculative Buy recommendation and maintain our target price of $2.25.

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