General Comments & Banter, page-3545

Never really post on HC or any forum for that matter, always watching; but thought I would give my 2c (or 22c) here. Right now I'm siding with the fact that this is an overreaction, I've been watching the hype for weeks even months and I must say even I was a little excited for this announcement but to have such a huge drop in SP wasn't justified in my opinion. If you asked me the question, "Was this a good announcement?" I would say neither yes or no. It grants us information that we already believed was done or is possible (IG Lithium) and yet does nothing but keeps us waiting. What I believe would call for a dent in the SP would be the way the whole affair was handled, management knew they had a deadline, putting in a trading halt only poured gasoline on the hype fire. Had management put out an announcement that just said they had unexpected delays with regards to securing the gas supply instead of keeping market in suspense would have minimized such a backlash.

When all is said and done I don't believe much has changed, we are still in the same position we were in last month, but what is the difference? Shares are 25% cheaper and management would have hopefully learned a lesson. I can imagine that management are also feeling very frustrated, I don't believe they bore ill will and just made a silly mistake with regards to the trading halt, I believe they have everything ready to go and are waiting on a third party to finish their end which would be the cause of their frustration (and ours). On this line of thinking I will disclose I've doubled my holding today, go with your gut and DYOR, I've gone with mine.

- S