DLI 4.44% 23.5¢ delta lithium limited

Ann: Mt Ida Gold MRE Update, page-17

  1. 650 Posts.
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    The outlook for the company just keeps getting better IMO. This could be a very reasonable stand alone asset.

    I wonder where the SP might be if we didn’t have MinRes on the register?

    Regardless, we could go from explorer to mining pretty quickly. With Li in the toilet the gold assets provide a nice counter for sentiment.

    Will the SP run now?

    The wording of that announcement makes me wonder if they have moved on from the initial strategy of swapping the Au outputs for more Li land holdings.

    With our cash position we are also not under any pressure to make a move that is not in the best interests of ALL shareholders. This is a huge positive at present.

    GLTAH
 
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