"mine of life" issue will be address when company make final investment decision on LOM and funding. Until then it will be seen as "exploration+mininh" company which probably don't need CP to continue exploration as they can use their income from operating mine to continue further exploration and detail design for mines but it also means that future for dividend highly unlikely... as it is prudent to fund exploration and mine development using profit they get out of existing mining ... so it isn't DOW that is punishing share price but it is those who bought at 17c exiting at 21c making 23% gain in short term .. ! once company get all approvals plus issue investor presentation clearly defining LOM, CAPEX & OPEX for new mine and what pay back period then you will see some confidence on investor... as i don't see those detail in today's announcement.. !
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2 | 32308 | 0.062 |
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Price($) | Vol. | No. |
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LITHIUM PLUS MINERALS LTD.
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