Oh, I forgot to also add in the list some of the other reasons why our SP is likely to have a major break out in the coming months.
We have 40 million bucks to now go on a MASSIVE drilling campaign which could see our total megatonnage grow by multiples by the end of the year putting us in the big boys league.
We have now established that we actually have a gold field and while it is extremely early days, because of just how shallow it is, its likely that it will already be financially viable for us to extract given we have an established processing plant just 5 minutes down the road going it which will majorly reduce any overheads for us. Once shored up and a JORC is complete, it could add anywhere from tens of millions to hundreds of millions to perhaps even billions of dollars to the bottom line once we know what were dealing with in the coming months.
The Spodumene price is obviously only going Northwards at the moment for at least the next few years and certainly for for the decade if experts are to be believed.
We have an extremely profitable Silver tenement which could potentially be spun off in the coming months as it sounds like negotiations are progressing on that front in Stephens latest video.
Compared to many other lithium miners, the amount of shares we have on issue is a fraction of what they have on issue. PLS has 2,896,809,104 on issue for instance, while we have 1,167,711,131 (Less than a 1/3rd while likely once we are in production, we will have similar cash flows to them based on the current numbers which we all know are old and will be easily upgraded soon).
A lot of good reasons this company is strongly undervalued (mainly by price suppression I suspect as a few parties try to hold it down and accumulate while they still can) and has an enormous upside.
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