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Manny just out of interest have you spoken to the company...

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31/03/20

07:57

Post #: 43787215
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Originally posted by manny100: ↑

If they do not raise cash at some point this year the company goes broke and they lose their jobs. Cant see them allowing that to happen. We have one of the worlds best lithium deposits closing in on development and potentially valuable gold deposits.
Not to mention the DFS and other good anns due in the coning months.
I expect some sort of deal with offtake clients or financiers will occur to provide funds for solvent trading. Once deals are done they cannot afford for us to go broke as the deals will fall over and they will lose a source of lithium they need.
The other alternative is the SP rises on the back of good anns including possible offtakes and a CR is done at higher prices.
Developed nations including Australia are seeing this current situation as temporary and throwing the 'kitchen sink' at it.
I dont buy the end of the world crap.
I am not at all concerned about the future of our company. At this late stage to many deep pockets are eyeing a stake in MLL success to let it go down. They will not want to risk losing access to the lithium.

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Manny just out of interest have you spoken to the company recently?

MLL Price at posting: 4.4¢ Sentiment: Buy Disclosure: Held
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