I dont mind the presentations, explorers need to keep momentum in the stock and maintain price stability, some Investors will complain either way so better to be over informed than under.
I like the fact that the company is progressing with Cloud 9 for a few reasons.
1. Going from an explorer to a producer is a big step, it requires a company to have different capabilities. Piloting on a small local project allows them to build a project and operational team.
2. For a small investment it creates cash flow so they dont have to rely on cap raises which dilute our shares.
3. Creates a tested blue print for company structure and frame work for Design, construction, commissioning, operation and sales.
No point having 50-80MMt of lithium in you cant execute getting it out of the ground and go broke trying. many examples of companys going broke trying, ending up in receivership and we will get SFA as investors.
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I dont mind the presentations, explorers need to keep momentum...
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