Will the completion of the merger bolster the share price much? No.
Imo, substantial sp increase will be triggered by:
1 the plant producing reliably for several months;
2 costs staying in line with expectations also for several months;
3 lithium sentiment continuing to improve as the scale of the electrification of transport and storage dawns on everyone. (Have you seen the EV sale numbers for September? Wow!);
4 expansion of the confirmed resource at Bald Hill and especially an established proven reserve.
For the record my bet is these things will all happen. That’s why TAW is far and away my biggest holding.
Happy to hear other views, especially contrary ones.
TAW Price at posting:
31.5¢ Sentiment: Buy Disclosure: Held