Agree - the lack of buyers at this price has got me thinking that this does not make a lot of sense, too. Though I've always been incredulous that our SP has been sold down so completely over the last few months given the cash flow we will generate, even if we only build the concentrate plant (even considering the prior board issues).
I do think that generally people don't seem to want to buy Li stocks at the present because of unfounded fear of demand issues. But Looking 24 months from now and well into the future - Well for Me we are very fortunate to be sitting on a large Li deposit.
BGS Price at posting:
15.0¢ Sentiment: Hold Disclosure: Held
