Whilst I truly believe in the lithium story and the quality of the Tabba Tabba asset, I also believe that not all lithium projects will get developed because of many factors (e.g. technical difficulties, sovereign risks, uneconomic resource, financial restrictions etc). The problem for WC8 is they are capital constrained, and their major shareholder is in no position to help them develop their world-class asset.
I am looking for more immediate opportunities and don't want to be trapped in an investment.
I need some clarity on what MIN does with their shareholding before feeling comfortable to reenter. I was lucky I only invested a week or so ago so it didn't cost me much.
GLTA
WC8 Price at posting:
26.5¢ Sentiment: None Disclosure: Not Held
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