Management have advised that Swanson (sale of tantalum concentrate) is not affected by the Nambian ban on critical battery minerals because it is not considered a critical battery metal. IMHO that makes AM7 very significantly undervalued. Bitterwasser is IMHO not affected because the lithium extracted from brines will be processed into an upgraded product suitable for the battery market (assuming we get this far). At an EV of $10.5M Bitterwasser carries a nil valuation. It is very disappointing to see such an undervaluation, but trading minnows carries a great speculative risk BUT upside here is very significant. Good luck to all long suffering longs.
AM7 Price at posting:
13.5¢ Sentiment: Buy Disclosure: Held
