General Discussion Topics, page-17469

The dilution is there whenever you do a raising. What I am more saying is that the ' Dilution ' over time and is meaningless if the Company has BIG underlying growth which drives is Market Valuation. So given we have the insight into how other Lithium ' budding ' hard rock producers are fairing in the face of not only Capital raising's but also possible share price consolidations - ie Sigma Lithium. We can see that the SP will continue to re-rate ahead of any such move as Investor's ' clamor ' over each other chasing the potential GROWTH attached to their respective stock. And we saw this phenomenon with respects to PLS as well.

So personal opinion is that due the obvious fact that the SP has demonstrated it's ability to find valuation support at these levels .....and it has done it very quickly, that it will most likely NOT give up what amounts to over HALF it Market Capitalization to a significantly undervalued GROWTH mining asset valued only at circa $350 million. So NO , I don't think or believe that it will retrace to these levels. More chance of ' Doubling ' again to 28 or 30 cents than it does in HALVING in value to 7.5 cents.