We still have a ways to go to get the market confidence, especially after the well discussed butchering of the AGM.
We have promise with Chinese partners, tenements but no resource YET. At this stage we are just another junior explorer who has switched chasing the next hot resource lithium. Our management have a long way to go to get credibility or build confidence in what are horrible market conditions!
If we can get decent grades or thick LI mineralogy in Trigg Hill, this goes a long way to turn things around. At the moment anyone invested in EFE are basically gambling which lets be honest that's what penny stock investing is! We are not the only share to cop a beat down this year, the market has been bad, but if we can build a resource out of Trigg Hill than the SP will dramatically take off.
With the BOD saying they are going to speed things up and move to the next stage i think we should see some big announcements coming and some diamond core drilling when the weather is right to do so next year.
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