Ann: Production and Financial Position Update, page-33

It's a matter or relative perspective. I made my entry very recently at 0.11c on the assumption that costs will be under control and they'll now focus on drilling with restart planning for cycle uptick. For some they're scorned by the cycle and hold emotional resentment synonymous with the stock, they can't see past this and cost themselves opportunity. Stocks in hated sectors with substantial cash raised through previous peaks (and no debt) make low risk entries. You're paying for cash backing + infrastructure.....you get free resource and sunk capex. Even if Li price improve only marginally these are the big winners through the next cycle. Price v value.