If production is in 2025 Paul needs to stem the flow of that cash burn, or hope a return to positive lithium sentiment. Otherwise investors with my average or higher will get diluted into oblivion with more low price cap raises. From here I need a 4 x bagger just to break even. Paul does miss a lot of timelines, so 2025 producing could actually mean 2026 producing.
I'm not trying to put a negative spin. Actually seems like a lot of good info came out of the webinar. But once again the market has not responded with any positive price movement from it or the significant resource upgrade. This aint my first lithium rodeo, so I know just as quickly as it bottoms out it can bounce back up. And you can't have billions of dollars invested in the amount of US battery plants that will be operational within 2 years, without a huuuge demand for lithium. Whoever picks the right players is gonna make all kinds of gains on the next lithium bull run.
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