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02/02/17
14:15
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There is alot of (PnD) tricks going on and in the depth.
Some guy at 1pm or so put 6m up on Bid at 3.3, then sold at 3.4 and then pulled his entire 3.3c order.........Be v. careful.
Yeah I saw it pal.....wonder if ASX and ASIC did ??
Its da Congo, Force Majeure. Only in 2007, Rwanda forces destroyed everything.
Aint no power station nor Infrastructure. NPV is going to be alot lower because I/F aint in place...Initial investment may require 50-$100m.
Roads, Rail, Ports, Power.....ouch. Years away. 5-10 at best. If ever.
Its aint Pilgangoora WA..(PLS), It aint Finnis in NT (CXO), It aint Early Grey/Mt Holland WA, ( KDR).
It aint even got drill results.....little early people.
Africa is always fraught with danger and seen it all before, oil, gold, copper, iron ore.....now its liths turn...
Prefer PLS's WA resource expansion or CXO finally being allowed to drill the monster NT Lith deposit of Zola today......much better and safer....
DYOR.
GG
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