For me personally I have dropped the amount of specs I am invested in, due to my experience over the last couple of years, it is a really risky space, lots of money can be made, but lots can also be loss, and the latter is much more likely, 20c is more likely go go down to 5c than it is to $1.
Currently have 3 producers, 2 maybe 3 which are near term, not too sure how far away WA8 is, but they do have a mill which you know, but a bit further off than SPR I reckon, GLN obviously looking really risky at the moment with trying to secure funding in a beaten up commodity, but are "hoping" to start Phase 1 production H1 next year (whether that happens or not is another thing), so pretty it's much ITM and VMM left that have a way to go left for pathway to production, though ITM is not far off from getting onto a graphite pilot plant, the development stage itself can last a few years though and dunno how long the graphite market is going to be down for.
I exited MZZ before they became AAM for a 30 or 40% profit, which is much less than i could have took, only had a tiny position there anyway, but I saw they too have a long way to go, and recent gold drill results did not look that spectacular, but they were only shallow drills, Blue Cove looks pretty promising for copper by the picture, but they had just acquired that. I definitely prefer WA8 over them at the moment though, as it's much more advanced for not much more in MC.
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