Bought 26,400 shares in SPI at 0.076
Cost = $2026.35 including brokerage.
I think that leaves me with about $5 cash but I'm gonna write it off cause I'm a lazy bookkeeper.
SPI is a gold explorer in Aus that has some PLS dudes coming on board. Announced yesterday that they are raising $4.5m to fast track drilling. After factoring in vendor shares and placement stock MC will be circa $19m with $5.8m cash. Circa $13m EV. A few projects to drill with plenty of cash. Could get interesting from here. Raise price was 6c so always a chance price sinks back to that level but no guarantee if all the shares went to Biddle, Young and friends. I had 0.070 in mind as nice support but for 6 pips I wasn't banking on my meagre TA ability so I put my buy one pip above the highest bid. Also like they have a manganese project as an ace in the hole. Manganese although part of home storage batteries it isn't a real part of EV's especially not Tesla EV's. So I'm not sure if Manganese will follow Lithium and Cobalt on a run. Not bad as a back up project for SPI.
