I think you got it the other way around. The Austrian Lithium projects were already there, they acquired Shaw River early on and thereafter the Tin and Copper (and others), which took the share price higher early in the year.
THough I do think that most are just waiting on any news on the Lithium. I for one though am not sure what news is coming but I would assume it to be similar to EFE and just an offtake. Maybe we need some kind of updates with regards to that offtake?
Honestly though I think even without the offtake we should be valued way higher then where we are now. Lithium tenements should be drilled as well, don't wait on Ya Hua.
And as Blackheart mentioned, highly doubt it is a lifestyle company looking at their salaries. Management have actually brought some value for previous holders including in the orm of BMM, where no value was recognised before and some of the projects we have, seriously if any other company they would be over a $100 million mcap, Tin alone has an offtake already, and gold has a JORC resource.
Just look at EFE, about double our mcap, but just 1 Lithium project, with very little cash.
EVR Price at posting:
2.5¢ Sentiment: Buy Disclosure: Held
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