IMO yesterday most of the small shareholders simply were caught unawares ...
But the the more I think about their move to Gold-Exploration the more I like it...
-> the new area seems to have promising Gold concentration
-> Futher exploration (sampling / drilling) will (hopefully) define a significant gold resource and boost enterprise value of NLI
-> much (!!) lower cash required to start mining (in comparison with Lithium)
-> processes for Gold production are much better known and approved
-> many (most of the) Li-Exploration companies never will produce any Lithium carbonate, also NLI have to admit that their Li - extraction process can´t be re-produced
NLI Price at posting:
4.4¢ Sentiment: Hold Disclosure: Held
