Ann: Moblan Lithium Project Definitive Feasibility Study, page-121

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@LStruthers
You're looking too far into the future mate, there are some real issues at the forefront for the company atm. Its currently being held up by artificial buying pressure because of the rebalances, while having NAL under a strategic review.

There's a scenario where the shorts are done covering and the buying pressure leaves by the end of march on the ASX200 rebalance, spod prices dont recover significantly and the company is forced into C&M at NAL. What then is going to hold up the share price going forward?

I held this company for a long time and I do think that if they can somehow get Moblan up and running during a healthy lith pricing environment without blowing themselves up on the way there, they will do well. But atm there is way too many roadblocks and issues they have to deal with and the current BOD isn't fit to do so imo.