MCT 0.00% 0.2¢ metalicity limited

Ann: Lithium Exploration Projects Update, page-10

  1. 1,874 Posts.
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    Good decision for them to appoint CSA Global to assist. Definately plenty of opportunity to find something significant within their good landholdings.

    Though first pass drilling rarely yields good results, we can’t avoid the fact that this isn’t the news everyone was expecting, particularly given the extensive wait.

    Hopefully anticipation of Exploration results @ Kyarra limits any major SP collateral damage (though i might buy more if it dips significantly).

    We need something to push the SP north, or else progress for our monster @ AB @ these levels may = massive dilution (which is a concern I have).

    Still a great long term hold IMO, though I imagine some shorter term investors here for the lithium may exit.

    Anyway, have a good Melbourne Cup day all.

    Cheyne.
 
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