it’s definitely frustrating that WC8 price is down but that’s the game of the market and always will be. I’m of the view that those of us with a couple of shares have one of, if not the best undeveloped Li deposit in the world based on;
1-location 2- permits (granted Ml) 3-reported size and true width 4-depth and likely strip ratio (yes that’s a guess at this stage) 5- grade ( yes I said grade I think many people don’t have a good understanding of how cut off limits can affect reported grades vs widths)
until the price of Li starts lifting again I think we may feel value is short of potential (unless a TO happened) but “if” (personally I think when not if given the fundamentals of long term EV growth) it does we should be positioned well, who knows sometimes these changes happen quicker than anyone could think.
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