This was always going to come, sadly the lithum price hasn't...

This was always going to come, sadly the lithum price hasn't rebounded hard yet to send the sp a bit higher so they could get more value. Price might be around 3?

Imo it's great gmn is proactive on acquiring land etc but they might spread themselves too thin here. Would much rather them focus on one thing instead of spending cash on land they can't easily drill. One reason I'm sitting on the side lines for now.

At tthese prices there is definitely 100% upside to be had in the medium term if things don't go to shit. But there's also the risk they don't hit anything, run out of cash and are taken over for peanuts by some other entity. That's the game at the end of the day for speccy Explorer.