Who’s buying and selling, page-40

Hi Aptayl,
I have to disagree with you regarding stale lithium holders exiting because we bought morila. In fact if anything it has given us more reason to hang tuff. We are now in a much better position to progress with Goulamina,, we can go it alone which would be a big ask at this stage(doable but longer time frame) we could JV or an outright sale(for the right money of course).

Our recent DFS sets us above most other resources and we are now seeing interested parties sniffing around. So lithium heads will be hanging tuff.

Selling wise, I think there are several options as to who it is, some entity accumulating, keeping us in a range which they are happy to pay , shorters waiting for top twenty coupled with end of year malise , driller selling some to raise much need cash, share holders trying to benefit from the aforementioned reasons hoping to increase their holdings at no extra cost. Most likely it is a combination of all of the above.

It will eventually come to an end, we are severely undervalued to our peers and the market will cop on soon enough.Happens to most companies after such a big cash raise, this leads to fresh holders on the registry which the pros try to shake loose.

Regards
FINN