I agree things could start to get interesting, DXY, up last...

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bluethunder

276 Posts.

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01/07/21

11:37

Post #: 54203443
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Originally posted by Countrywriter: ↑

Hi J4K, BRB have stated they are looking to monetize the other projects. They will do their best as shareholders and responsible to huge fund and loads of us. In 2019 the view was that conditions would have caused us to get decimated in the market for moving towards production. So they took the best route they saw. I would have preferred a stage 1 PFS but I do not have that expertise or all the information in front of me. Li is hot now so timing favors that move at long last. Manna from the heavens?

They were looking to do something with the Li back when the bottom fell out of Li so that was delayed. It is clearly back on the table and the Board will take the course of highest value to shareholders. They can only promote and drill at this stage to counter our aggressive seller. The downdraft is setting a negative tone and it will pass after much pain. The drilling will show continues success in the UG and along strike by the looks of things as this gathers scale. We all saw that coming. I believe momentum will return on the project as all that base work continues to pay off. I am constantly monitoring the DXY and USD POG as they are entangled. Chaos is about to hit the USA in a more meaningful way so what will happen to the DXY / USD? Thing are hotting up!

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I agree things could start to get interesting, DXY, up last night strongly and gold went up instead of down.

BRB Price at posting: 15.5¢ Sentiment: Hold Disclosure: Held
3 Upvote

0 Great analysis

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