General Discussion Topics, page-140112

In Feb 2020 launched its bid for NAL , we had $408,000 in cash, no debt, our MC was around $20m and the shareprice hovered around 1c or less and our flagship project was Authier.

Fast forward to now and we successfully aquired NAL with PLL as a partner , put it into production , aquired Moblan and increased the resources considerably at both projects and we now have around $100m in cash and no debt, a MC of around $450m and despite the dilution required to get there our shareprice is still around 350% higher at 4.5c.
That's an average increase in shareprice of around 80% a year since launching the bid for NAL and people still want a board spill..LOL

Many Companies would die for an increase in shareholder value 350% in a little over 4 years.

The fact many of us have purchased at higher prices during higher Lithium prices is our problem not managements, they have increased shareholder value considerably since aquiring NAL and have put the assets in place to continue that, but obviously that reqires a combination of better plant performance combined with adequate Spod prices...something they are well aware of and dealing with.

Sometimes you need to step back and look at the big picture and see whats been achieved instead of wallowing in self pity, its tough at the moment but entering the ramp up phase during a price collapse does that.

JB will move on as will the board and ourselves, will the eventual repacements achieve more, we will find out but i doubt it but the assets have been put in place for them not by them.

Cheers Whisky