He's never financed and constructed a project before, nor has anyone else on their board, and its obvious after talking with them for 2 minutes. The SQM guys have done it all off the balance sheet of a large company.
The change of tack half way through the feasibility study and lack of clear communication, only reinforce a distrust of JP, which already exists because he is evasive when asked questions. I'm still trying to work out if he does not know the answer, or does know the answer and does not want to say.
That said, he's surprised to the upside with the resource size and approvals. So he has to get two big ticks there, and I am really hopeful of being proven wrong.
GLN Price at posting:
58.0¢ Sentiment: Buy Disclosure: Held
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