Brilliant find SP23mj! For those who have doubt in where WC8 are going, let Geoff Elliott put your mind at ease.
He's confidant, and chose his words carefully (without doing reputation damage or potentially releasing his own market sensitive announcement on the spot), however everything he stated supports the genuine direction Wildcat is going. What we are experiencing is a blip based on the current lithium cycle, coupled with the holding pattern till the MRE lands...he's just given you that timeframe!
He's also made the clear statement that they keep MINRES up to date, who've been offering support...gee I wonder why that would be???
They've also been speaking to end users. Gee wonder why that would be?
He's using the word 'when' not 'If'.
At about 16:02 he talks about remaining funds, and in the same sentence alludes to est 10 yr mine life, and dropping rigs from 6 to 4. Do you think a company that's worried about thier future makes the audacious step of reducing drilling? Get real.
I think he realised he was about to say too much and refocused.
Thank you Geoff, I'll be topping up tomorrow.
DYOR
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