DFS expectations & chart predictions, page-98

Agree

theres been a shift in energy metals as the next iron ore etc.

The way i have seen it play out, we experienced waves of hot money flowing early on into anything that mentioned the word "lithium" well before any resources were in hand. It was the first bubble, a Buzz wave. And cooled. Eg. PIO from 1c to 10c, ASN from 1c to 30c, etc Perhaps it was just a traders stampede.

The second wave was focused on resource size and grade, some like KDR stood out as quality in AUS, and others like AVZ in the DRC seemed to ignore risk. If your registry is only made up of risk takers, then the sky is the limit, but eventually, it collapses when even directors start selling. (presumably the only ones on the register with a sense of risk)

So the third wave. We have burnt and destroyed shareholders in all of the failed explorations, either poor drills or realization of what poor infrastructure / poor governance means. Even great deposits, yes, like SDL (iron ore) can just remain marooned.

In the third wave, does the market who still values the future of energy metals, now understand the metrics that make development a reality, not just a buzz word.

SYA a clear winner. Back the horse that can make it over the finish line. Not the fastest, Not those who will fall on the track half way around.