dylbot92,
As a general comment, the slide is generic to all mining sectors not just lithium so the timeline may vary but it show the different phases from explorer to producer and all the steps in between. The dip is not as steep as represented, specially not in a booming commodity where any purity testing, alliance, MoU or off-take agreement creates more excitement. If you need proof look at the movement of others lithium stocks that typically take a small hit during their Capital Raising as they transition from Feasibility to Development before going back up once again.
So yes, to answer your question, if they manage to extract battery grade lithium from their tenement and expand the drilling to confirm the resources they are sitting on then I'm convinced that the DFS will highlight a profitable mining operation that will continue to drive the SP up on the long run![]()
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Price($) | Vol. | No. |
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