The options are holding the SP back as there’s simply too much arbitrage between the two.
Let’s hope for positive drill results this month. I am still optimistic we will have the results in the next 2 weeks which will then bring the market cap to a more reasonable level given MLS’s potential. We should hopefully re-rate to $200m+ which would give us an SP of 50c+.
Ann: Thick Intersections of Lithium Pegmatite at Manindi, page-1248
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