Ann: Force to Proceed with DRC Project Lithium Acquisition, page-295

The positives:
-Obvious pegmatites

The negatives:
-No assays;
-Politically unstable location;
-Lepidolite and other micas;
-Pending capital raise;
-Big ugly gap down low on the chart;
-Management team with poor history;
-Inexpericenced and Unsafe practices

There really is no difficulty in making a call on this project/company. The negatives here so clearly outweigh the positives. Yeah you may get lucky and strike a big resource but the risk here is far too great to make it a reasonable trade. And clearly the market agreed when the Ann was released. I would look to enter when that gap is filled down in the 2s and the necessary capital raise has been completed