Market definitely throwing the toys out of the cot on this one. I can 100% understand as there has been some questionable actions from management here, but the fact remains they now have land adjacent to Frontier lithium 41mt@ 1.7% Li20 and ASX listed GT1 Root Bay prospect all with a current MC of 5.4m.
If they focus on these assets and get some rock chip samples to the lab that show promise there's no reason this can't be back up at 10m -15m MC very quickly once this small lithium sector pullback has reversed.
Its hard to know who's holding what after this dump but remember who is still holding the bulk of the options!![]()
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Market definitely throwing the toys out of the cot on this one....
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