The grades mentioned in the release appear quite low albeit at surface. Will be good to stick the drills in and identify what’s underneath however I’m more interested with the Australian Li projects and averting political risk, Currency risk etc.I’m sure more investors would prefer an acquisition in our own backyard as opposed to Namibia and operating within a risky jurisdiction. Drill what we already have in Aus or is there a concern doing this? This announcement undoes what could have been a couple of really strong days if not for a trading halt. It also provides less exposure to the important announcement being the Shanghai listed company… im fairly neutral on the announcement, is I guess what I’m saying.
AS2 Price at posting:
50.0¢ Sentiment: Hold Disclosure: Held
