A few more bricks placed in the certainty wall with project environmental approval and 75% ownership squared away now. Both key milestones but both important. Was wondering when the ownership Ann would drop and glad it finally has as increase the value equation massively.
Increased ownership also increase the apatite of suitors I suspect, as it fattens our profile puts on the radar for possible takeover. Again a well done to mgmt/staff as I believe they get very little credit for the quality of work they do and for for getting us this far to the edge of project approval. Which is not an insignificant task.
Waiting for sector mini retrace to complete here. Many ASX lithium plays appear to be showing signs of bottoming. RSI values across the board in the 50-60 range which is what I expect for retrace in an uptrend. Recon we will be done in couple of days if not by tomorrow.
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- Ann: Manono Lithium and Tin Project Corporate Update
Ann: Manono Lithium and Tin Project Corporate Update, page-28
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