I agree @Brumbie, whilst I have found myself second guessing my current position over the past few days but I, like you, have little evidence to challenge management at this stage. They have done a good job getting the company to this point, and I for one choose to put faith in the human being....they have not given me a reason not to. I have also been considering whether to buy more with the recent selling, but I am going to wait. I am in this one deep enough as it is, and I will do well if the SP ever starts going up, so I am happy to sit back and will consider options if they do a cap raise.
I agree with @wenty In that I think our excess product will be spoken for in the next few months - there is too much of a future for lithium for it not to be absorbed, and we are currently only talking reserves...there is plenty more to come, just takes a bit of patience. If a company is not committing because they want more than we can currently prove we have, to me, it would seem like a safe bet to secure the potential for future supply rather than wait for it to be proved up and risk having someone else jump in. For this reason, i think that finance will come - its just a case of hold tight and wait, I’m well practiced at that by now anyway.
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Last
10.3¢ |
Change
0.015(16.5%) |
Mkt cap ! $224.3M |
Open | High | Low | Value | Volume |
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No. | Vol. | Price($) |
---|---|---|
19 | 3025560 | 10.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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10.5¢ | 6755757 | 99 |
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23 | 3010377 | 0.100 |
6 | 318439 | 0.099 |
9 | 199601 | 0.098 |
4 | 175175 | 0.097 |
6 | 343865 | 0.096 |
Price($) | Vol. | No. |
---|---|---|
0.105 | 6746224 | 98 |
0.110 | 2571849 | 42 |
0.115 | 1209796 | 24 |
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