Been a big dissappointment given the poor lithium results so far - especially given previous exploration indications and results. I really thought they'd find something more.
No question to me anymore that this is a shell now with perhaps some upside from unexpected future lithium whi h is accorded no value. And panton and Yallalong- although they are in less favoured sectors.
So Yeah under cash backing seems too harsh. Will be some burn but they have JV partner so hopefully kept minimal and preserve cash for future acquisitions.
Seems time to buy some back now that it's under cash backing.
Ann: Ni-Cu-Co Anomalism Identified in Soils at Yallalong Project, page-5
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