Again, from the very start they announced they were persueing;
Lithium
Cobalt
"Vertically integrated lithium/batt tech" (next and st george)
He called it the "3 pillars".
Maurice has simply done what he said he was going to do. Like it or not.
I encourage everyone to go back and read announcements rather than read HC conspiracy theories.
In short:
Lithium. 2 out of 5 pegs sampled both confirmed containing lithium. Current grab samples from outcrops were assayed and are consistent or better than AVZs early weathered samples. Dont forget the tin. Tin was mined previously and is very valuable (see AVZ). Its gotta be there still. Target is 3 years to mining, drilling fast tracked. AVZ will do the heavy lifting ahead of us.
Cobalt. 1620 will take care of that. First options can be exercised at 4c. Great target and incentive from here.
Batt tech. St.George and Next Batt will take care of that. Wildcard for me but I like it.
Directors have a ton of money in this coy.
For 5m MC not bad. Maurice is a numbers guy, hopefully he can control the money.... 30 years as an institutional broker and head of securities he has no excuses not to.
All imo, still very risky. Will derisk over time.
GLTAHs!
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Open | High | Low | Value | Volume |
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14 | 4251110 | 0.005 |
5 | 2240000 | 0.004 |
3 | 1800000 | 0.003 |
1 | 1000000 | 0.002 |
Price($) | Vol. | No. |
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0.007 | 1761800 | 4 |
0.008 | 1439919 | 3 |
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