Ann: Exceptional Metallurgical Test work Results from Adina, page-72

Kev is right that $2.50 today takes away future risk - a bird in the hand and all that. I always come back to CXO where a couple of years ago a number of posters were adamant that they "wouldn't sell a single share until X price or would instead sit back and rake in future dividends." I'm not sure what's become of those people but it's odds on that given their time over they would have sold 15 months ago at over $1.80. Now it may well be that the reverse happens here and dedicated long term holders may reap rich rewards if the next lithium boomtime coincides with WR1 stepping into production, but no-one knows anything for sure. It's all academic, though, because no offer will be forthcoming in the near future.