A40 0.00% 8.2¢ alita resources limited

What if they reduce the 15m cash on hand thingy to $5m. What if...

  1. 5,234 Posts.
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    What if they reduce the 15m cash on hand thingy to $5m.
    What if after more than 12 months of commercial production Tribeca is given the can , and a lower interest rate tier one bank steps up?
    What if we sell everything we have stockpiled over coming weeks?
    I see a lot more upside than downside at 100m mc for a40. I certainly would not be recommending ajm with its high debts and is really unserviceable as we will soon find out with its spod prices fetching low 500’s. GXY couldn’t get a jv for SDV and doesn’t have the $500m usd capex to develop it so really all it has is MTC which is on its last legs. I’ll be watching gxy cash balance decrease every quarter 100% guaranteed imo.
    No holders coming onto these lithium threads is smiling. One just has to look at the charts of producers and it’s apparent gloating is impossible for anyone. Until the li price starts rising again I’ll be expecting more knives and daggers from all corners.
 
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