I haven't been in for very long, but can see a lot of value, and there is always a chance that management will gradually do what I think they should.
Re management strategies, we have to remember that the segment is going from boom to possibly bust, as far as the Li price is concerned, so the availability of capital raising has probably changed considerably. So it is easy to be critical in hindsight. The market reacted somewhat favourably to buying tenements in the past, and it was a strategy that relied upon ample available capital for the sector. So I do suspect management would currently be aware of this big issue, as they did drop Youanmi for example, so the Youanmi outcome is mixed news to me personally.
They may need to give voice to this next time they want to raise capital, or before that - hint hint!
LIT Price at posting:
4.6¢ Sentiment: Buy Disclosure: Held
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