As the price of MLL shares continues to sink like a stone (and take my hard-earned with it), I can only laugh at all the punters who post about our great, valuable asset, and the future of electric cars, etc..
So there are only two possibilities: The asset we own has minimal value for various strategic/demographic reasons, or The board have no concept as to how to move the share price up via actual action.
Either way, the board gets paid, so it's not an issue for them.
I know many people will say "The DFS is due soon, they are doing this, they are doing that."
But if you have any belief in the market, NO-ONE is valuing our company at anything more than a junior explorer.
Of course, I hope that every analyst and knowledgeable person has got it wrong, but then, pigs might also fly.
I look forward to all the idiots who will reply with "sell, and get out then". But unfortunately I cannot afford to sell, I hope for a MIRACLE.
MLL Price at posting:
6.6¢ Sentiment: Hold Disclosure: Held