Ann: Trading Halt, page-54

DC likes getting his ducks in a row then firing off announcement after announcement. He did this in out initial big rise from a cent and it didn’t take long to reach 18c from memory. Before a few ups and downs and off to 36c. We are so much better off now then then. Studies done, approvals done, finance in place, government backing. The 27c cap raise was a master stroke filling the coffers.

I’ve only had to wait 8 or 9 years. Anyone getting in now is laughing at these prices.

While it has been frustrating for us long termers, DC has shown patience to ensure we are not diluted or taken a low pricing on an off take deal. The offtakes will come but we will have much more negotiating power now. I can’t help but think that there will still be a Korean connection with the likes of POSCO. They already have deals in place with PLS for lithium and it would not surprise to have a deal with them for our graphite. The OZ and Korean governments seem to be happy to work with each other so a consortium of sorts would not surprise as long as it is majority Australian. RNU, PLS and POSCO works for me. Maybe dreaming a bit.

Well done to those that stayed the course. It not easy seeing so much paper money wiped off the accounts.