They did have issues raising capital through the December/January break which is not surprising given the time of year. Perhaps they were also impacted by investors suffering "Lithium fatigue" given that there is a new Me Too player tapping the market every other week for funding, the majority of which I believe will never enter production and are simply using the hype to jump on the bandwagon
I found the admin costs reasonable, given they will be the only Lithium Brine developer on the ASX in Nevada that has a clear pathway to production
