Last part makes zero sense. You really need to put more effort into your down ramps.
It's funny because if you look on any thread of a stock with strong FA potential and severely undervalued its always the same. If it gets sold off after an Ann all these wild conspiracy theories emerge. But the real answer is always the same and so simple. Traders that bought in the 4.5-5c base are simply taking profit.
As for the CAPEX we're $20m short of a whole lithium mine and processing plant. Take the time to have a look at some of the massive debt the other lithium producers (and miners in general) have had to take on in order to get a project with similar cash flows into production.
Can you imagine the cash flows if they go ahead with the lithium carbonate plant and divert the remaining petalite there?
Given Zimbabwe's desire to increase export revenue and also be a value adding county I think they will be more than supportive of the LiCO3 plant. Maybe they'll give us another 5 years tax free
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Price($) | Vol. | No. |
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