AS2 16.0% 2.1¢ askari metals limited

Break out upwards or Downwards????, page-106

  1. 7,282 Posts.
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    Many thanks for sharing this. Yes, I have been here for the last few months and delighted by the progress. Apart from the positive comments on the rare YT videos, mgmt has not been chest thumping or promoting the company before the results (horse before the cart comes to mind). I think Buffett said “mine is a hole in the ground and a liar above”. Let’s hope that’s the case here.

    Mgmt seem to have gone about the business very systematically without much fanfare and that’s why I have built up a robust position here (thanks to the small MC). The spinoff of the copper assets comes a bit too soon in the company’s life but if it means that we have great lithium assets and we go 10X in 2 years I am all for it - make hay when the sun shines, i.e., when the lithium prices and hitting all time highs.

    AIMO. No advice.


 
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