Ann: 31 March 2024 Quarterly Report, page-40

I disagree.

The fact they haven’t switched to the gold (whilst gold is at record highs) shows how confident they must be in that Ravensthorpe ground. Shown above by other posters - the pressure is gonna be red hot on the government and local councils to fill jobs in Ravensthorpe and also find ore for the Mt Caitlin Mill. The closure of a few mines is going to put huge pressures on the local economy being that it is primarily a mining / farming town.


I feel they must think they still have a pretty good case considering they haven’t tried to run with the gold, hopefully the appeals convenor has a bit more common sense and hopefully we can move forward in a sensible environmentally friendly manner.

Right now that 12mill in the bank and the RMS dividends are paying all staffing and operational costs, very rarely do you come accross a junior explorer thats net positive every quarter. They could turn this around and time it perfectly, you can’t drill out there in winter so there is no rush, appeal it properly and hopefully get the right outcome and we can be drilling in September/October.
I expect Lithium price to bounce in the back end of the year and thru next year, so if we are patient we can time this nicely and will be nice and cashed up ready to hit the ground running with a drill campaign.

4c share price is stupid. Smart money has been accumulating this for the last few months.

Good luck