Ann: Quarterly Activities Report and Appendix 5B, page-57

Panic of what though? I can read the macro economic situation, Li is seemingly worth nothing according to the market, but the SP is now only a few cents above cash holdings. Even if the the next assays at jaegar are all dusters, what happens? SP below 10c ie below cash holdings?

I mean, it just seems a bit irrational. And yes, the market is irrational etc etc. But how does this make sense? I know its a long way before an economic feasability study is done on burmeister, but its still got to be worth more than the low millions value the market is currently placing it? Surely a mining company (if the resource is soundly proven to be 15Mt+) in the region would snap it up for seeming pennies on the dollar price it carries as a hedge if Li prices rebound at all?