Seals Not disagreeing either but in a hot market for lithium even the best most focused operators are changing their playbook -Zenith is a classic example and they have one of the best exploration teams on ASX. I love their style - it's making me $$
I have complimented Nicole and she is doing a fantastic job but THR would be very remiss if it didn't 'acknowledge' the presence of the Split Rock Supersuite across three of its tenements -all of which I pegged when certain high profile Aussie geologists and London sceptics said it was 'just granite'.
The problem is a lot of people are still wedded to the idea you have to stick to your knitting - well whilst a lot of companies do that its reflected in their share price which at the end of the day is the denominating factor and so many of us who hold millions of warrants and options out of the money would be getting our cheque book out and helping to fill the THR coffers if management were to get on the lithium radar screen.
Unfortunately all those business principles which I learnt about sticking to your knitting in my business 50 years ago are not relevant anymore. THR are constantly raising small amounts of capital with constant dilution. As much as I of all people want to see a Ragged Range discovery odds are it will do zilch for our share price as all the market wants at the moment is white gold -not the yellow variety.
THR need to get on the front foot - get the lithium story out there -get a premium in the share price and then raise $10-20 million and hey presto we then have the funds to have five rigs in the field doing all the things we want to to do with gold and copper as well as lithium. We need promoters as well as good prospectors and geologists
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