Always the supreme optimist, Steve. And why not? We know our company is moving towards a goal that is probably more realistic than that which a few other Li stocks are chasing. It's only lithium pricing and sentiment that's clouding the picture. If spodumene was even at the relatively sedate price it was twelve months ago we'd surely be sitting at more like $500M MC right now. The only question really is whether and when demand and pricing rebounds enough to bring fair value back to stocks. If it does we should be one of the favoured stocks on value-hunting investors' shopping lists.
One thing about this CR anyway is that retail investors have had the better deal than the sophs who are paying 85c. Yesterday and today have given retail the opportunity of a few % discount off their price. Who needs an SPP?
Ann: Winsome on Pathway to Production with $25m Raising, page-82
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