Manderson sai earlier to COMSEC, the investors wanted to use the...

Manderson sai earlier to COMSEC, the investors wanted to use the cashflow from the FINNIS production to use for future expansion.At the moment The revised feasibility study for BP33 is being advanced by the management team and this project remains on track for a Final Investment Decision in 1Q 2024 ttoo capitalise on strong lithium markets, with early works approved to ensure the overall timeline can be maintained. Additionally, we have expanded our FY24 exploration budget to A$25 million given our track record of resource growth and due to the broad range of exciting greenfield and brownfield prospects identified in the mineralised district.
Already identified the lithium deposits In CXO properties and we only need to see how much deposits they have after the studies.we are already started making money to expand and some of the lithium stocks are flying without any single dollars production.Imagine how much time and money they need to come in production(could be years), and people sold off a company making a sale of 90000ton spod in next financial.I don’t understand how people are valuing the lithium stock.