Talking from experience, reading hotcopper would get anyone down with some of the crap that's written.
Firstly everyone was screaming for the board to reduce their fees and costs me included, then they announce that that's implemented, and you would of though with some of the comments on here that they had given away the lithium for nothing.
The lithium is the only asset MLL has to generate a significant rise in the share price, i was in ADY who found themselves in a similar position in the GFC but they had no gold so just sold the their best asset they had just so they could still receive their monthly cheque and stsy alive.
The difference here is the board has demonstrated to me that they are more interested in MLL achieving its full potential by making the hard decisions (Chris) and reducing costs as much as possible until the Lithium market improves,not been there just for there monthly cheque.
Secondly if you have a gold asset in this environment you would be completely bonkers not to try and extract the greatest value from it while gold is through the roof and to keep the Mali Lithium dream alive.
Stay safe everyone and Happy easter.
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Talking from experience, reading hotcopper would get anyone down...
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