Peter Cook knows what he's doing, I have full faith in management's strategy here. Cashing in on the lithium hype is a good play right now. Maybe others were hoping for a spinoff and IPO, but that takes months and has more risk, and it doesn't solve the issue of needing funds to progress the gold exploration. Bombora could end up having a huge underground resource with a further multi-million ounces. I think Tom knows the geology is right for this - he has communicated as much in the company's presentations. If we can get there with minimal dilution, the better it will be with more upside for all shareholders.
BRB Price at posting:
28.5¢ Sentiment: Buy Disclosure: Held
