Ann: Spargos Exploration Update, page-21

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Sisukas

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16/02/24

13:26

Post #: 72443835
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Originally posted by KingKong166: ↑

With the recent rebound of all ASX listed Lithium shares, it is suggested NMT is highly disconnected with Lithium price.
The biggest pressure is when the company can generate revenue and maybe also when is the next CR.
It is frustrated to see where SP is sitting and after removal of all emotions, I would suggest this isn't too much related with shorters as well.
I would like to believe there are some strategic mistakes made by the management team. A good management team involves some reflection, not just insisting their wrong direction and cash flow is one of the key factors for operation.
The last hope remains with the recycling and it depends on how deep the EV revolution is driving through, it could take years for that needs to happen.
So be realistic.
My sentiment is holding only because there's no other rational options.
Good luck all.

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Yep.
Sad to realize us are back into a century old 14 cent mining ‘exploration’ lifestyle outfit status.

NMT Price at posting: 15.0¢ Sentiment: None Disclosure: Held
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