ZEO 13.3% 5.1¢ zeotech limited

@ozboomer77 - I agree that some here are on the border of...

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    @ozboomer77 - I agree that some here are on the border of delusional. Some have been trying to ramp this for over half a year when there was no prospect of anything happening (and there still isn't at this stage). The entire lithium debate is pretty silly imo - that ship has sailed. That is like saying 18 months ago, let's invest in oil because oil is over $100 bbl....and then the oil price dropped by nearly 70%. Not much use going into a project at top (or at least near the top) pricing - entry level acquisition pricing will be too high and the down side risk enormous. On the bright side, the guys behind this do have the capacity to raise further capital IF a good project is found. Unfortunately, they have not done much in this respect and one must start to wonder if this just becomes a life style company for the directors. A lot of other ASX shells have found projects and have started a new life. LCR is left behind at this stage. All the interim ramping about "this is gonna fly" and "the longer we have to wait the better the project" is all total b.s. Nothing matters until the company announces it has a new project and sourced funding - until that time everything else is irrelevant and white noise.
 
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