Ann: Rincon Lithium Project - Progress Update, page-137

@GCar

Again, so what? You noted that AGY was at 50c "years ago", and I simply noted that LKE hit $2.50 too. The point is, past share prices don't indicate future value, no matter how much you'd like them to. If they did, CXO would head back to $1.80 and SYA would be hitting 39c.

You're looking backwards and viewing the current share price as an injustice just because the company has progressed. But you refuse to acknowledge that the circumstances are now wildly different, much more supply has come on line, sentiment is in the toilet, and the collective opinion of most respected commentators/analysts is that the bullish lithium pricing achieved a year or two ago won't be repeated.

Several years ago you could throw a dart at any lithium company on the ASX and achieve fantastic returns. Things are a lot more difficult now with investors being more selective and expecting to see tangible results.