Come on Intell, don't be so pessimistic. In 6 months'...

Come on Intell, don't be so pessimistic. In 6 months' time, they will start drilling the Lithium pegmatite island and then the SP will significantly rerate shortly after. Till then, the stock should be in the bottom drawer. Due to market volatility, increasing spodumene supply and lack of Li newsflow, the SP may go down below the 20c mark, but hopefully it will be only a short term weakness. On the positive note, SW is only a non executive director in LM1, so there won't be excessive pumping like what he did at Bsx.