The two main announcements required at this stage to further de-risk are...
1. Confirmation of equal to, or better than, BG Lithium.
2. JORC resource assessment quantifying the grade and volume capability of the resource.
Prior to bogus lithium market scares and the DOW melt down (and now that big bag of wind - Donald Trumpet...), the mere suggestion that these two items were imminent would have propelled the share price into the stratosphere. However, in this more jaundiced equity market place, the punters have suddenly become far more conservative.
Equally, when these announcements are forthcoming (soon, Grasshopper. Soon) - the uplift will be less dramatic, but still substantial.
We see this effect with Joe Lowry's recent tweet rebuttle - "but when your favorites can ship commercial size shipments with consistent quality I will take notice."
Commercial sized shipments? F*#k me, tough crowd.
"Fast-tracked" wasn't fast enough.
Welcome to the equity markets - have a nice day.
IMO
DYOR
blah.
General Comments & Banter, page-483
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