DLI 2.13% 23.0¢ delta lithium limited

Ann: Mt Ida Drilling Update, page-49

  1. 994 Posts.
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    Hey @Connex,

    I don't really see anyone ragging DLI. Telling people to remember that shorters can create panic seems a little pre-emptive. I just haven't seen these posts unless I've missed something. Shorts at last count were at .09% of SOI on 2 August. That may change in the near future (who knows) but it would be risky shorting DLI when they could announce a very large hit with great grades from Yinnetharra at anytime. Good luck to them.

    In David Flanagan we trust. The man seems pretty confident in Yinnetharra and so does the Geo. It's a big risk and reputation destroying to openly show the over exuberance that they have with the "sell you mum's house and by Delta" and the "Yinnetharra Surprise" comments by the Delta Geo.

    It's pretty hard to bullshit a Company like Idemitsu into backing us for another $46.4M. I'll back DLI Management in at this stage.

    Your numbers are pretty good on what a lithium mine can expect to make at current rates. Although you still have to dilute/loan to build a mine.

    PLS! What a beast! It has retired a lot of people and made a lot of people very wealthy. It's my favourite.

    All the best mate.
    Last edited by Solace13: 08/08/23
 
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