Pros LOL.
You mean those short termers that will be getting pissed tonight and snorting a few lines of coke on the bar at the Establishment celebrating a hollow victory?
These guys are actually building something real and giving the market a non binding MOU with a major company like Mitsubishi is far from a disaster.
They would have sold this off even if the MOU was binding.
As we know there wont be a mine up till late 2028/29 by then their deep bag of strategic metals will be priced differently.
There are no new major similar mines on the horizon and current mines are bleeding.
What does that do for the future supply demand scenario?
If you have a short term horizon then good for you and out you get and onto the next plaything you go , but i see stakes being accumulated in this and other explorers on the ASX for building future wealth , mining in a low sovereign risk jurisdiction.
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$1.13 |
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