People are also bailing because neither JZ, Pablo, Romy or our...

People are also bailing because neither JZ, Pablo, Romy or our off take partner have any credibility.

No one believe a single timeline JZ says, 100% believe "imminently" and "shortly" have lost all meaning.

Pablo has credibility and is producing the grades, but CURRENTLY zero credibility when it comes to producing the quantity.

Romy has validation from the court in that the EIA has been approved, but still no signing. As far as we are aware she could have signed the paperwork previously, but perhaps there was a decision (or perhaps even pressure) to not sign due to the election and not knowing which way it will go, and she probably wanted to give her new master a "high profile win" in the first 30 days of their leadership. Theres nothing better than "Milei wins and announces approval of projects that will inject X Billion into the Argentine economy" in very short order.

The Strategic Off Take Partner is apparently waiting in the wings, apparently willing to invest hundreds of millions of dollars in securing supply, but the share price is in free fall. This strategic off take partner could have bought a stake in the business for cents on the dollar given the decline from highs. With the millions of shares that were traded, they could have acquired a position where they could leverage a board position. That would be a demonstration of faith. Similar to what happened with PLS when CATL decided to make a strategic investment at $0.30c. That paid paid off by a factor of 15x when PLS was at highs. Instead, we have crickets.

The people shorting this company have a $0.15c share price, when they started shorting from $0.80c. Regarless of what happens, apart from a gap up to $0.80c again, they will make money no matter what, it is just a matter of how much.

The truth is none of us know how shorting works, the structures of the organisations involved, the goals, targets, or anything. All we know is what is reported, and even that can't be trusted 100%.

Where is the resource upgrade? What is the blocker there?

Everything else is out of our control, we don't know if the process Pablo has designed will scale to commercial quantities, we know he can produce the product, but will it scale?

We know Romy has the confirmation from the court, but we don't know why she hasn't singed yet.

We know "the market" wants to secure supply, but we don't know why no one has stepped up.

We know that there is a chance we could lose the title of "The second ASX listed lithium brine producer" or whatever it is.

I know I, and many others are frustrated, but we recognise the opportunity.