LLI 3.85% 12.5¢ loyal lithium limited

Aside from the back and forth bickering here to past time, I am...

  1. 428 Posts.
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    Aside from the back and forth bickering here to past time, I am looking forward to receiving the results from the geophysical survey of Trieste, can’t be too far away now, hopefully next week. I think this is a smart/prudent approach conducted by management to better understand the deposit and tenements themselves which should reveal target areas to drill or ultimately not to drill. Being prudent with shareholders cash is always a good thing from a managerial perspective especially in this lithium market and tight cash environment.

    This is still an early stage company and has plenty of cash on hand for future exploration/mergers/acquisitions, whether it is a Trieste or somewhere else. The positive is that management aren’t going to spend money drilling without doing further due diligence. Cheers, CP.

    Last edited by ChasingProfits: 12/07/24
 
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