Perhaps they are focusing their efforts and resources on Lithium, as the timing is more crucial than that of mining gold?
If there is gold in the ground, it's not going anywhere, and you could argue it is expected to be worth more in the future, whereas the demand for Lithium is now.
I'm not keen on offloading this Gold potential either. Let them first focus on the Lithium business, and as they grow both in management capacity and financial capacity, they can then put more resources towards maximising their Gold potential. Rule No 1 - Never sell the asset,...unless you're in a position where you have to pay down debt, or you have the opportunity to replace it with an asset of greater value. You need to think long term if you want to create real wealth.
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46 | 4738693 | 0.025 |
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Price($) | Vol. | No. |
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