i disagree. It was the better move at Adina, as it was fueled by hot money flow along with CFTF very efficiently our MRE discovery. We have that asset de-risked discovery in hand, and on the book shelf. A book a predator might like to either read or put on their shelf. And that is potential any day of the week. Further, as / when lithium 3.0 daylight starts to dawn, those first few cracks of light it is the proven assets that will move first, gravitate money flow.
A mistake that we did make, is not buying out all of PWM when it was half its price of WR1. Now the tables have turned.
Sirmac represents an opportunity to follow in PWMs footsteps, early days to know. But might also end up being more of a high grade lithium discovery with great Caesium credits.. Noting, there are few to none Caesium only mines, with exception of the few named. That makes PWM an exceptional addition to that small club. How much Caesium / Lithium mix can Sirmac deliver ? Will decide if the Caesium or the Lithium is the bi product. But, if we crack into lithium 3.0, having a high grade lithium deposit, that is super charged with high grade Caesium should be a real fire cracker potentially.
WR1 Price at posting:
31.5¢ Sentiment: Buy Disclosure: Held
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