Conflicting message. Starts off by saying the company is reducing its exposure to the suppressed lithium sector then in the next paragraph states .......Pure’s corporate strategy is to acquire low-cost projects with high prospectivity for battery metals, such as lithium, adding value through exploration.
This has to be a 101 lesson in how to write confusing announcements. Putting that aside we do hold lithium leases in Canada which seem quite prospective. Question is will they they keep these or sell these given the ambiguity of todays announcement re lithium investments. A high school student could have written a less ambiguous announcement I daresay
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- Ann: Sale of Swedish Project for Cash & Reduced Lithium Exposure
Ann: Sale of Swedish Project for Cash & Reduced Lithium Exposure, page-2
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