Quite happy to see this TH for a cap raise on monday morning even at 30c. Pretty gloomy macro scene at the moment (which I feel set the tone for Friday) and staying on the bourse will probably see this back to 30 anyway with people deleveraging and protecting profit (if they have it).
Raise whatever they need over the next year to drill a a commercial size resource or enough to IPO the Li at a hefty enough price to help fund mine.
After all - at the moment, releasing a kick a$$ Au upgrade in Dec will probably get sold down the same way with money just waiting for a cheaper placement.
BRB Price at posting:
34.5¢ Sentiment: Hold Disclosure: Held
