I'm not into blame .I'm not sure how you explain what happened yesterday , but no doubt the seller(s) does .
Personally, I wasn't subscribing to a massive sp re-rate as the market already knew we had a significant resource .To me it was more of a risk to the downside if our product wasn't battery grade .
So , it is battery grade , and MLS has delivered ! It's now an asset in the safe deposit box for when many industry experts , such as BMI , forecast that Cg will become the new Li !
The risk for the seller(s) imo is MLS does also hold something that appears to be smokin' sexy atm .Try both Patriot Metals and Lithium .
So , if they are now not holding imo they risk missing what I do think may surprise with real immediate upside ......because it may constitute a new discovery of a hot commodity in an already hot zone .
On 15/12/22 Metals Australia announced that it "will immediately commence remote-sensing data interpretation to identify and map lithium
bearing pegmatites within its highly-prospective East Pontois and Felice properties, to be followed by field
investigation, mapping and sampling to verify the outstanding lithium potential identified."
I'm not sure exactly what is involved in those steps , or how long it takes to process the data produced , but if everything aligns I do think we will see a bang .
Just my thoughts while contemplating circumstances I find hard to fathom !
Q
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