I noticed that as well. Mr market is sometimes slow to read the announcements properly and react. I have drawn my own conclusions on financing. I don't expect any more shareholder or institutional capital raises. I expect a deal to fund construction of a concentrate plant in return for PLS. The finer details would just be a unrealistic guess.
too many easy dots being put together which were confirmed today by the ridiculous "course of sales" prices and sell down. I don't think I have seen so many small 10 share sell downs in a while for a stock with so little SOI. Simple accumulation going on by smarter buyers than retail.
this is a simple investment. Hold and don't sell. Accumulate. GL1 will prove 50mt + putting them in the top10 lithium companies. They will build a plant for concentrate and be making sh@t load of profit. If PE then matches something similar to PLS, the stock, current holders are sitty pretty.
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26.8¢ |
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Mkt cap ! $69.70M |
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10 | 510954 | 0.250 |
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