ION 6.67% 1.4¢ iondrive limited

Ann: Change in substantial holding from SRT, page-2

  1. 4,512 Posts.
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    Strata (ex Metal Tiger) have gone from 17.8% to 19.2%. Basically all the recent volume, for about $72k.
    They obviously see value down here, and I'd suggest they'll participate in any future raisings to maintain their exposure. For what its worth, on the current plan i don't see a capital raise required in the near future, as they've locked up a bit of grant money.

    Really need KoBold to fast track the lithium hunt, and Rob to release funding and exposure by offloading the remaining exploration side of the business.

    The battery side is picking up pace i think, although I'm still trying to wrap my head around it.

    We left soooo much money on the table offloading the BMV shares. I hope we realise some good karma from this, as the business decision and timing was horrid.
 
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