I thought that too. Did another top up of shares today (before any announcements).
It could be an interesting year ahead for them with DFS due in first quarter, if the numbers stack up which they did in PFS and current negotiations with OEM’s go well and develop into offers rather than just interested parties it’ll be full speed ahead to get a refinery built in a very short timeframe. When I was originally researching this company I remember reading that when Iggy was with Galaxy it went from a small 10m MC company to over 2.5B MC once in full production. I think we’re around 7M MC currently, if Iggy & his team manages to pull this off which their track record indicates a far better than average chance the potential gains in share price are mind boggling and with lithium prices slowing starting to show some upward movement after a very poor year I’m hopeful that these are the early stages of the next up cycle Or bull run, time will tell. Happy New Year to all and may it be a prosperous 2025 for the asx
LU7 Price at posting:
0.8¢ Sentiment: Buy Disclosure: Held
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