Appreciate the post I am in the same boat being down a fair bit....

Appreciate the post I am in the same boat being down a fair bit. I suggest tonight you stream Oceans 11. There is a great scene where Rusty says "What's the first rule of poker?" Topher Grace responds "leave emotion at the door".

A few people need to leave emotion at the door here. I am also interested to see why people are so against a raise? I am focused on my entry price which is also down 80% from my most expensive buy. Raising money and executing on strategy is the best way to get back there. Is it not? Out of all of my lithium holdings with the exception of PLS they will all need to raise money in the coming year. Why is the dilution frightening? If they raise 1.5 now. They'd be capped at 7 or 8m. Best case they do 2 at a 10m val with a few good announcements. The asset in reality is worth 5 to 10 times what it is priced at where even with dilution the share price can still run to true value with good news like an off take and production. Do you care if you own 1% at 7 or 8c or the same number of shares but less of the whole company at 40c? What is the downside? Additionally if they option another asset in Copper or Gold in Argentina which has been mentioned in quite a few announcements over the past 6 months its more value add potential with some good drill hits and diversifies the portfolio so we are not stuck to the same fate as lithium.

Why sell the resource at the bottom? The Lithium market will turn as it did in 2015 and 2018 and 2020. Why not develop the asset in the low period adding value as they are with resource expansion and production and then sell at the high? Isn't that what you're meant to do? By low sell high? Why sell something worth hundreds of millions in the right conditions as shown by Lithium Chile getting 180 million for 80% of Arizaro in December last year for a few mill today? It also goes back to my question. What can they do better?