The point is that they’re not sitting around doing nothing.
An announcement does nothing but satisfy a short term itch for information.
I’d rather they continued with the survey to make sure we get it right the first time.
Have a look at RLC. They rushed into it, subscribing to the “juniors need to get a move on or they’ll miss the boat” theory. Got nothing. Burnt a few million. And are now taking the time to plan the next campaign properly.
I’m aware RLC is a Li brine explorer but the same ideas apply.
And if you don’t like the direction management are taking with what they’re prioritising, why not just sell and move on?
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