Stockholm,
Losses are multifactor.
1. Lithium sector. If one had bought core lithium and sayona at the same time as raiden. Held those the same time, you would be down around 80%.
You allude to cause being some posts. My brother lost 80% of his money on core, yet he does not used hc to read a post.
2. The company pumped the prospect by stating "we liked what we saw" I have the term sheet.
That comment had sophs jumping in at 3.2c where they forked out 10m.
Id alledge those comments might amount to obtaining funds by deception because no factual truth ever existed after the fact.
So we have lost due to sector and what I'd think was an upbeat prognosis of the project potential at that time.
People can only post on what facts are available to them, here all posters from what I can gather posted with good intent.
For me, I post on geology and the nature of the play. I am not wrong, but am not proven correct due to going on's beyond my control..
That goes for all people that believe lithium exists at Andover.
As mentioned I'm done for just over 500k presently. I most certainly would not be done for that if I was not bullish on the ground.
The key here, is how will they manage exploration on that ground going forward?
And what will the lithium sector do going forward?
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