Still overvalued at $1 but might find support here on a technical level, I would be tempted to rebuy after exiting but I'm focusing on deep value companies atm and their book value is looking way overblown for their cash flow.With write downs I'd put value closer to 70c but don't think we'll see that without some more negative announcements over the next financial year.
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LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non--Executive Director
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