The thing to note is that if Mali do increase their stake beyond...

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SecretPauly

270 Posts.

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25/09/23

10:14

Post #: 70006649
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Originally posted by Jjjggg: ↑

I feel your pain.. i've been invested since MLL days and have ridden the highs and lows, and in hindsight, should have taken some profits along the way. But the Project was too good to "walk away from" by selling any shares, and i agree the missed opportunities along the way is what hurts most (even if it were just to buy back in on the lows/drops over the last 18 months).

We're so so close now, just try to think of it as another hurdle in what's been a multi year mega marathon.
We'll get their eventually, especially with our trump cards (the LLL board and the Gangfeng partnership).

I still believe we'll get some positive outcomes regarding the application of the mining code, and at worse case, if Mail do decide to take up 35%, then they will have to do so based on fair value of a multi billion dollar producing lithium mine. And even then we're still multiples away from fair value right now.

Maybe one day we can all celebrate with a drink to cheers the journey and lesson learned, and hopefully that day is when we are back close to fair value, and printing some nice cash and divvies

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The thing to note is that if Mali do increase their stake beyond 10%, they can only do so after we're in production and generating cashflow. SP will have corrected itself by then.

LLL Price at posting: 50.5¢ Sentiment: Buy Disclosure: Held
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