Don't think it is likely, otherwise Bill Mobbs would have issued new shares to the Funds Manager a few months back rather than offer up his own. This company also has an aggressive share buy back history for a company of this size.
I think the debt level is quite comfortable for where things seem to be heading. EPS of 5cents for the FY is looking like a modest estimate. So debt should be managed easily and maybe even a little dividend.
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LITHIUM UNIVERSE LIMITED
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Alex Hanly
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