Lithium & The Future, page-4289

Clearly ShanShan have a different view- they wouldn't have invested at stage if they thought the market was going to collapse.Nor would a director invest $15m at 13 cent.

I think the key is having negotiated off takes with agreed terms, for an agreed product of 'quality' ( and quality off take partners)

I'm expecting a rebound tomorrow - AJM has been oversold. It has its risks but, it's the most advanced lithium Junior out there. A40 is in difficultly, shares trading currently frozen. This will leave AJM and PLS, worst case scenario Gangfeng or ShanShan take us out, but it certainly won't be at these prices. Best case ShanShan finance stage 2, however I think the Aussies will move if they think this is going to happen. There's too many large Aussie companies around our Tenements, to allow the Chinese get a key strategic hold on the complete lithium supply chain. The Americans will also be watching, especially after this week.

Looking forward to September results. We're running profitably now and with the Trump China trade issues set to be resolved we will recover in line with market. Things could be very different by X Mas. Ignore the noise and accumulate IMO, but don't stretch yourself too much.