WC8 wildcat resources limited
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Ann: NEW DISCOVERY AT TABBA TABBA - LUKE PEGMATITE 41M @ 1% Li20, page-56

  1. Ladytradr
    2,498 Posts.
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    10/04/24
    21:39
    Post #: 73285562
    Please read my note again Nico

    I'm not talking about MRE … I’m talking about a target resource statement as Azure and Spartan have done

    share prices will slide on a lack of material news flow.

    today we receive a positive announcement on a new lithium occurence, and the price slides … why?

    the market is actually waiting for resource target statement, metallurgy and/or some corporate action.

    drill results confirming the presence of more lithium in this area means little from here … unless it is put into some commercial context

    I don’t think there are issues, I just think WC8 could deal with this differently (I.e. sighter metallurgy and ‘target resource statement)

    FiRB is now being slow approving SQM takeover of Azure … so nothing is going to happen on that corporate front with SQM/WC8 for a while .. imho
    Last edited by Ladytradr: 10/04/24
    WC8 Price at posting: 63.5¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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