Management here have made a terrible situation worse.
Further lithium exploration is required at CFE but they don't have the capital to do it. They do not have the capital to do ANYTHING! That is the issue. Market knows either nothing is happening for 2-3 quartered before a keep the lights on raise happens - Or a bigger dilutive raise happens now which has been mostly ruled out due to the confirmation of drilling being suspended.
I believe the project itself still could hold potential but I struggle to see how this mutt dog can come back when they have nothing on offer to bring it back.
Need management to buy on market and make this recover. (Fat chance).
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