It seems management are using tactics of land banking and corporate farm ins and funding options during this period of depressed Li, Ni, Cu prices. Definitely not the time to be mining these commodities in the current global market but it may be a good opportunity to develop them if we believe prices will recover in the future. Especially if other entities are actively funding it.
I would prefer management focus shareholders money on REE and Precious metals right now. This seems to be the path they are taking so I will happily hold. Lots of newsflow is due going by the previous quarterly.
The 52 week low is 3c so we are very close to that level, looks like good support there so hopefully a decent reversal will take place once we hit it. we are going to need some good news though!
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