The SP will move into the teens next week and form a new base IMO.
With exploration for lithium about to commence with pegmatites in the ground 20 km from a large lithium resource and a $5 million MC this will surely go up. Easy decision to buy at this level if you can/could. Obviously not risk free but you don't win trophies sitting on the sideline either. Anything sub $10 mill here is a bargain IMHO given other projects might also bear fruit. A new tenement near the whales at Pilgangoora would be a cherry on top.
This was IPOd at 20 cents from memory on the copper/gold promise alone. Lithium exploration on the same ground will be a very good bonus. .
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