It is indeed close as we were told it would occur in 'late July'. But the mere fact of the drilling commencing is almost immaterial now from a price perspective, don't you think? I believe most informed participants have already factored that into current pricing levels. For my own part, I do not expect to see see radical changes in the price unless and until:
(1) the overall lithium sector rebounds (a topic which has been done to death elsewhere, so I will not repeat); or
(2) drilling results start to come in, confirming what George has labelled a potential Pilgangoora 2.0.
Should case (2) materialise, my assessment was that we rocket to a price of many several hundred million MC - and further as interest gathers, not to mention being a takeover target, etc, etc.
What do others reckon?
It is indeed close as we were told it would occur in 'late...
-
- There are more pages in this discussion • 7 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
