Yeah, the market looks thrilled. SQM obviously know what we have. All we had to do was get a few drill holes in the ground and report high grade lithium hits. Instead we have given away 70% of what might have been another Pilgangoora...P.S. their market cap is $7bn.. Not sure we couldn't have done a lot better here. Do all other juniors give away 70% of their major lithium discoveries? PLS were a minnow that managed to keep 100%
I would have thought cashing in on the commodity of the next decade is more advantageous than chasing a needle in a haystack near Fosterville.
Anyway, confirms what I had been banging on about for months re: the lithium potential for Kalamazoo...just thought it may have been valued a little higher in the company's asset rankings.
KZR Price at posting:
38.5¢ Sentiment: Buy Disclosure: Held
