1MC 2.27% 4.3¢ morella corporation limited

AJM, page-2

  1. 6,296 Posts.
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    I think they are pushing mention of the next to mine in any updates. Yes, it is very important in China. Quality Australian resources that are close to mining are in demand.
    SP Triggers for this I see are
    1. Optimum Nano becoming binding. My understanding is they were in a corporate restructure and would hope this will happen soon.
    2. Funding. I always believed that some kind of funding was included in the Lionergy deal. The full steam ahead approach of management without formal funding suggests to me that maybe they know something we don't in that agreement.
    3. Permit for construction to begin.
    4. Construction begins.

    I would hope the first 2 or 3 happen before the end of 2016 so we have a clear path forward to construction.

    I see it more as a matter of patience. Many prefer to ride the euphoria of new discoveries that are an unknown factor and years away from breaking ground. This looks very good to me for an excellent return over the next year.
 
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