We are nearing the 16th Nov date yet no price movement.
This is what I am speculating. The company will announce new project, cap raise for the new project with the promise of allocation of EV1 shares for those taking up their entitlements. As after the 16th of Nov this year those EV1 shares will be released from Escrow. Speculation only DYOR.
Hope new project acquired relate to lithium or any rare earth.
Ann: Joint venture agreement with Resolute Mining, page-22
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