those names dont have a potential tier 1 deposit (they barely...

those names dont have a potential tier 1 deposit (they barely have 15MT deposits) yet look at their mrt cap and pro rata a valuation of a potential 100-150MT resource).

....you only need to join the dots which the astute did much earlier sub 30c when wildcat secured the rights to Tabba Tabba ahead of many other suitors. The nearology claims of the next WC8 are a trap for the retail investor as many have already seen lately in names releasing results of dusters but in the future as well in other names. Its more than just location , I'm no Geo but i know someone who is a gun and there is much to understand about shear zones, fault lines, volcanic mumbo jumbo.

Remember if you arent a top tier geologist paid top market rates then your ability to infer what those people see is always in hindsight. Guys like creasy aren't lucky they are bloody good at what THEY do.

Few points from my perspective. Broker reports showed there was a likeliness from the sub notice today that Min Res were already buying 9M worth of stock on market, so they bought on market enough to know if they get GAMs shares to be just under the 20%.
GAM were IMO always going to cash out their investment (i was just waiting for when), they are in the business of tantalam just refer to their website, they aren't a lithium player. RCF were always going to drive a sell out since they are private equity , they have a return to shareholders by way of dividends etc . in fact be no surprise to me they would have had pressure to realise a return on their investment back to their investors.

Now GAM could have sold to instos but using the James McClements connection have booked it away to Min Res (lithium player) for 85c. Now has the size of this deposit becomes apparent to market those instos will have no other choice to buy on market. In fact you could see it step up on the bid after the retail panic selling to 67c. The register just tightens.

as for Min Res wanting a lower price rather than higher price this is out of their hands. The deposit will reflect the value. for instance a 100MT resource isn't going to have a $500m mrkt cap. A 150MT resource is not going to have the same mrkt cap as if it was 100MT. its going to quickly attract buying to realise the true value of the deposit, that's price discovery and fundamental analysis. What is that value well i will let each of you determine that but AZS M&A sets a good metric when you use a few broad assumptions.

Remember Tabba Tabba has a granted mining lease AZS does not. Assume capex and construction is the same and ready to go tomorrow, Wildcat is potentially 2 plus years and considerable less risk on approvals of going into production. Imagine if Min Res is a working partner who clearly want to ensure they have lithium supply of the Pilbara provide resources to Wildcat such as technical, production, access to port facilities etc. This Tier 1 project just gets accelerated to production. Wildcat clearly are wanting this since they put AJ in the MD chair swapping out Sam.

let retail wash it around we have seen this in the 20s and the 30s but waiting for value to grow this stock has seen the rewards well beyond those prices and events of the past.