Pretty well said and mirrors my reaction to this announcement...

Pretty well said and mirrors my reaction to this announcement Randy.

If the PMR was such an amazing opportunity why were they happy to flog it off in the first place.

I think there has been a number of miss steps as they have scrambled to try and remain relative amid the falling Commodity prices and this was one of them.

To be fair Very few analysts were predicting anywhere near this market for lithium prices a year or two ago. The Chinese and their ability to mobilize dollars quickly into Africa caught the whole market off guard and of course myself believing the exponential growth story most were predicting. Im not suggesting it has all been above board and there had been no dodgy dealings or manipulation as well as a willingness to torch their local environments and others to get the lepidolite extraction and processing happening. But you have got to give the Chinese credit including their government, They saw an opportunity to capitalize on a sleeping west and got started many years before everyone and from what is rumored to be by support loss making business for quite a while to get that edge.

Its definitely been a lot rockier road than I was expecting too randy but with the laws and guidelines in place in Europe and other major recycling players falling by the way side I still think it is only a matter of time. As long as we can hold our heads above water till that time and it is positive to see the streamlining of the business to focus on this goal. I still havent crystalized any of my losses here yet and at .065 I was getting pretty close to going f* it im doubling down from here as it will cost me bugger all in comparison to do so then we had our little spurt of the last two or three days. I dont think we are out of the woods as far as SP is concerned yet but fingers crossed we are very close to the bottom.

Interesting that we weren't delivered the results for the PMR as they are due before the end of the month. I'm guessing the due diligence might not have stacked up to the promising first round of results.

Anyway sorry for the ramble.... Just getting the thoughts out of my head an onto the screen is sometimes helpful especially to come back to later.